As long as people in China can use steemit the market will find a way to make it tradeable. It really doesn't matter what one exchange does. Eventually exchanges will also be decentralized like torrent downloading. It doesn't really make sense that people have to pay an exchange to trade cryptocurrency. The time will come when trading crypto will be as easy as downloading a torrent file and looking for peers.
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remember last summer pump? -> poloniex added steem