I'm in Hong Kong and have been to some gatherings here. I think within January or February we will hear about a partial solution to the China problem. Either because the people have found a way or because the exchanges have found a way. I know of the following ideas that are being considered by some people
- Install bitcoin ATMs in China. I'm not sure how this would be legal, but some people would think without the trading element the situation might be different
- Sell hardware (usb sticks) with bitcoin wallets on them
- Setup exchange in Special administrative zones in China, in Hong Kong or in Macau. Rules are less strict there.
- Let people buy another commodity (such as gold) and exchange the gold for bitcoins (instead of fiat currencies)
These are just some of the things I've heard. I'm by no means an expert, but it does seem the problem is being worked on.
Selling usb sticks with bitcoin wallets on them? Sounds like a typical scam in china!