If what you say is true, taking count of all the chinese involvement in mining would make sense and is a smart move of them, it's clear from my perspective that POW has no future and they seem to think ahead. Perhaps this is good and will influence the bitcoin community to eventually opt for something less energy consuming.
Also, perhaps it would be better for bitcoin to have developers from different parts of the world, including china, that way we can avoid having them all bought off that easily.