The Chinese are insolent, they climb everywhere, they want to be the first in everything. They want to gain control over bitcoin and this is correct because there is a future behind it. By controlling bitcoin, you control the whole world.
but unfortunately, china can not controlling bitcoin and this is why they are make some panic news for the people so they are selling their bitcoin with fast. many things that we can see that news from china is really makes affect with bitcoin price especially with new people which don't know much about bitcoin itself. and i think when the price now is more than $5xxx, china will come back again with their power to trying to control bitcoin (again).