That's definitely not how it should be, and especially not when you consider that China has been surpassed by Japan and South Korea already. People should accept that China isn't the only source of growth to focus on.
For that reason I seriously hope that the entire world crypto market disconnects itself from one specific country going through whatever forced regulations ~ whether it's China or another country, don't let a single country ruin things.
I think by now, we can seen the effect of China "leaving" the limelight and other countries to become apparent and fill the crypto space left by China. Indeed Japan and South Korea takes over and not it looks like India is trying to get in the picture as well. So the more you moved forward, the more that we will not felt the effect that China has left. We need to close a page on them and open for others. Bitcoin will survive without them.