This is interesting because one it's the People's Daily the largest Chinese Newspaper and the newspaper of China quite literally.
The paper is an official newspaper of the government of China, published worldwide with a circulation of 3 to 4 million
http://en.wikipedia.org/wiki/People%27s_Daily

Overall, currently represented by the Internet Bitcoin e-money has not yet become a real currency, let alone challenge the existing sovereign currency system. However, this does not change the Bitcoin important position in the history of financial innovation. In the short term, its meaning is a kind of digital asset price fluctuations strong, long term, it can achieve a lasting vitality depends Bitcoin can really build a sustainable eco-system of payments, and the return of a relatively stable currency property .

The Chinese that are reading this article right now may be reading up 5200% and it partly explains the rally, in general the interest China has in it and the tempered yet realistic view make it interesting to see how the Chinese government view bitcoin and approach it.

Thanks for the share and worth a promote to the promoted thread scarce a post goes in there nowadays since its hard to find worthy candidate that stands above the rest with all the news bitcoin press has grown over the last year for the better.

Their govt probably took it down... the writer is currently walking the plank 

Didn't but the article was all in Chinese if I recall it goes into the history of cryto then an analysis from a Chinese perspective on its utility


Forgot the credit it was to a Hu or a Tao a writer at one of China's top Universities