if the state of China starts to block bitcoin mining it will make mining companies in china lose a lot and of course it can have an effect on the price of bitcoin at the exchange place, hopefully bitcoin mining can still circulate and the Chinese government does not make mistakes that can make many people lose .

It affected the current price of the market but bitcoin was still able to keep its trend even China banned it before.
If China will plan to ban Bitcoin again the history will only repeat itself.

I think what you are talking about is the news regarding their announcement about publishing their own cryptocurrency, it was published last August and for now, I think they are close to launching their own cryptocurrency.

So far China has the lowest rate for mining, especially on electricity costs. Considering how much and relevant bitcoin mining is in China. The ban of bitcoin mining will greatly affect the loss of many hash rates, looking forward if this really happens is bad impact.

Imagine that mining in China is oil production in some country. Suddenly oil is running out, is actually this the end of the extraction of fuels and lubricants? No, there will be other countries that replace this. So if China bans it, there will be other countries and other miners that will replace it.

Banning bitcoin in China would be a big blow to the entire network as this is likely to slow down transactions as the OP rightly said. However i think Bitmain and other mining farms need to relocate to outskirts of cities and towns instead of being within the community if that's the situation at the moment. Because the mining of bitcoin really causes noise pollution and i think relocating to the outskirts of towns would be a good resolution. Using sound proof doors is likely going to increase the heat within the the farm and using cooling systems can also increase their cost of electricity consumption.
Also, i think mining farms which still use coal to mine should be made to stop as this also pollutes the environment.

China has been a favored place for miners because of its climate and labor and electricity prices. If what OP's post is true that a large percentage of mining farms are in China, and a ban would be implemented, it would definitely shake the market and the network. But that's as far as we can know. We cannot tell if people would start to panic as price drops, or they would remain and hold their bitcoins, potentially increasing price because supply cannot keep up with demand, since fewer rigs means slower generation of new blocks, and new bitcoins too.

There is huge difference when you say China holding bitcoin and the people holding bitcoin, if the Chinese government is holding the coins they they will not impose these restrictions and as far as i know there is no mining ban in China but trading and using bitcoin in China is not possible for the past two years, you cannot shut down the entire mining farms in China in a day and expect nothing will happen, there will be a huge network issue if they force the exchanges to shut everything in a day but i do not think it will happen.

I think that if they ban it or not it will still go on and nothing much will change, maybe some of the big companies that are set to mining bitcoin will relocate or maybe shut down, but a lot of individuals will stay and just mine in the shadows as all things that become illegal, and the thing about bitcoin is that it is adaptive, the blockchain and the difficulty is based on how many people are mining so if china banned bitcoin mining, the number of miners will go down but the price and the supply of the bitcoin will stay the same.

Indeed, it has no adverse effect on this market when people in China are not allowed to mine, people of other countries will exploit, in general, this plan only harms Chinese investors because I heard that the number of miners here is relatively high, the ban will affect the extraction process and the damage to economic benefits is very much. Following this situation, the Chinese government will need a reasonable explanation to these investors when they are making money and building this country, this ban is unfair and destroys their way of making money

Yes agree with your thought, we do have same perspective, yes we know that China has a lot of power and really not in favor yet in Bitcoin, especially Mining in their country, but look what happened to the price, still we are adopting and the users still increasing everyday, so for me, there is nothing will change when they banned mining.