China is a complex country. This is crucial to see. Let me point out few challanges:
1) Not every province is under 100% control (XinJiang, Tibet, Hong Kong, Inner Mongolia)
2) Many governments act independently - what surprised naked eye
3) Currency is internationally traded & credit cards in CNY are issued
4) There are counties with special relationship with China (Taiwan, Singapore, Myanmar, North Korea, Macao, Vietnam)
5) There are countries China seeks influence (Africa)
6) Moving value in and out could be avoided with ability of using somebody elses fund while in China and than returning it back
7) China has free trade zones
8) There are many legal tenders not appearing to have value on first sight
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