It is not China. Different governments and even banks love the blockchain. The Chinese definitely don't like things they cannot control. It will be interesting to see if they try to stop miners.
I'm expecting that the mining industry would be the next target. However, we never heard anything from them so its safe so assume that they are still weighing options if they really need to clamp down on the mining operations as there will be huge impact to the ecosystem because they control 60% or more of this industry.
I don't know why the sudden hate on bitcoin by the Chinese government, but its clear now that there are economic and political reasons behind it. But then again, we need to move forward and look at it at the brighter side and consider it a misfortune for them, but will lead a good and lasting results for the market.
