It's becoming more and more clear that China's government is trying to control the world market through fear trading.

China's government managed to increase the value of the Yuan by scaring people into thinking that Bitcoin was not a currency. Giving the Yuan a 1% increase in value in just 1 day. They've also crossed the $3 Trillion threshold for Foreign Reserves.

An exert:

“We’re starting to see more and more of a negative cycle being created potentially by China itself with aggressive capital controls,” Benjamin Fuchs, a former Lehman Brothers Holdings Inc. trader, told Bloomberg. China’s attempts to curb outflows are “just making people want to take money out quicker, and make companies change their behavior.”

https://www.cryptocoinsnews.com/not-mention-devaluation-china-tells-bitcoin-exchanges/