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/