no, i think i can clearly blame companies like binance for blocking chinese from even using the site... there was no reason for that.. they had no problem taking chinese IDs and fees... if they suddenly stop chinese customers from using the platform.. maybe it would be best to also delete their Id information and refund them fees. going out of their way to hurt an entire nations population just isnt cool.
you should move to china and experience it first hand before you talk about it anymore... maybe you would feel differently if you were scammed with fake foods... there are many issues in china that are far more important than regulating some baby icos