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RE: Steem Is Ranked #2 In Chinese Gov's CryptoCurrency Research Study Focused on Technology, Application & Innovation.
Although the Chinese government recognizes steem as a good cryptocurrency, I do not think steemit has much influence in China since they are very opposed to western products and platforms. At least in Korea steemit it is very popular.
As I understand it, Steem is one of the currencies that has been approved for trading in China.. I'm not sure if they appreciate or value it's anarchistic tendencies ;0)