Haha no wonder so many foreign companies get burned doing business in China

what a scary environment to do business in

Haha to PBOC if they believe they can "kill Bitcoin"
What is the reason that these exchanges don't simply rent a brick and mortar place where people can come in with physical cash? They don't even have to take the cash themselves, just the 1% fee for each transaction that would then be done between buyer and seller.
Bitcoin cafe, localbitcoins style ;-)