Just before these clamping down articles the EU classified bitcoin as a legitimate currency so I can't see them clamping down on bitcoin any harder than they already do with fiat currency which lets be honest is the main issue in this regard.
Reminds me of the "China Ban" scare which was so hard to get rid of. Now China is a huge leader in Bitcoin activity.
There was never a ban of bitcoin in China. That is only a ban to the banks so that they are not involved in bitcoin trading/transaction.
Now, you can transfer money directly into a bitcoin exchange. So that ban is also lifted.
There is not much innovation going on in China apart from bitcoin trading.