I don't think so, There people and there miners are very prominent features in bitcoin now but it's not like a government or anything, China is a good % of the world population and therefore find it very reasonable for it to have a big impact on bitcoin price and mining power.

A better way to say this is that Chinese people control the most bitcoins, but have no additional authority over bitcoin. Think of it like gold. The united states controls more gold than any other country, but they can't control the gold someone in another country owns.

Nah, it's probably Santa Claus, Uncle Sam, and the Tooth Fairy who control it. 

Oh wait, you think real people are the ones who actually have agency to act on this earth?  Not disembodied words with vague geographical significance? 

Whoever has the most money for disposal controls Bitcoin and if its China at present you better start learning to use chopsticks.

I would ask, even if Chinese companies  did control Bitcoin, what is  the point? They can not derive unnatural  profits, any attempt to do so would only devalue  bitcoin and the  possibility of making profits..

I heard that the Bitmain is developing a second pool at the moment. That will attract more mining operations there.

I partially agree with you, because they end up indirectly controlling the fluctuation of the price of bitcoin. China has huge players, huge miners and big whales.

I agree that China isn't really controlling bitcoins, because of the most miners are Chinese it doesn't mean that they are the one who controls bitcoins.

The whales are the one who controls bitcoin because they are the ones who are holding millions of bitcoin in their wallet and for sure every single move they are going to do will affect the market.

Not just affect, but big affection is going to make the market that is why I can say they are the one who controls bitcoins.

the concept that bitcoin is borderless seems to be beyond most in this threads comprehension  Sad

I think it can happen, for example in the case of mining bitcoin. there are a lot of factors. what is important is that the geographical location. China is known to have a large area and some highlands have cold weather. cool location suitable for great savings on engine cooling fan server computer from overheating hazard. so the price can compete. plus workers, employees or workers who are responsible for the famous Chinese. Miners are so many people around the world buy services from China .... but I do not know where China can produce low cost electricity. consider the server computer 24 hours. Itself requires energy coal, oil, or water, renewable wind energy is great. where china get cheap energy as a power Hashing it?