And it is not by coincidence. Look at google trend. The interest in Steem blockchain by chinese is at highest after Myanmar.
And according to Alexia China provides fourth largest number of visitors to steemit.com.
I would like to interpret it as - China has huge latent demand/interest in steem but they are holding it back due to uncertain legality by a authoritative regime.
But as China has started ranking blockchain projects and steem is number #2 so chinese, sitting on sidelines, will be encouraged to jump onto steem blockchain.
Below table shows ranks of cryptos assets by china:
Read this article for details on china crypto ranking
I personally think - it is the best time to get hold of some steem as soon communities and SMTs are going to be launched which will increase the utility of steem blockchain manifolds.