I'm not sure that the author of this article is correct. Why would the Chinese gvt push bitcoin, for it then to be used to undermine the Yuan? Doesn't make sense.

From what bitcoin followers have been saying: the Chinese government has been indirectly supporting the rise and adoption of Bitcoin through state-run Bitcoin documentaries [1]. This is seen by some as China pushing for alternatives to the USD as a world reserve currency (following US gvt shutdown) [2].

[1] https://cryptocointalk.com/topic/226-cctv-bitcoin-documentar... [2] http://www.scmp.com/news/china/article/1330873/chinese-state...