What are the chances of Chinese banks boycotting btcchina and other exchanges now? I can imagine the banking partners of btcchina getting antsy at this news.
My thoughts also. But don't try and be open minded on this thread, it's not allowed. Put your blinkers on and reach for the moon!
If the Chinese government were serious about hindering Bitcoin, Bobby Lee would have "disappeared" by now and BTCChina would have been scrubbed from the face of the internet. They don't need excuses or legal niceties to get things done over there.
I can only imagine that Bobby has paid the necessary bribes and Bitcoin is safe in China for the time being.