why is Chinese bitcoin so much cheaper?

Regrets? you probably did not participate in the semi- hyperbolic move in bitcoins

 

Quite the opposite.

 

but did you buy into the move?

 

Buy? Heck no. Mined.

 

At last count, 75,000 people made over 1 MM trading bitcoins.

 

for those of us not familiar with Bitcoin mining:
http://www.cnbc.com/2014/01/23/cnbc-explains-how-to-mine-bitcoins-on-your-own.html

 

the regulators in China banned trader to withdraw coins from exchanges to their wallets, so it should be cheaper in exchanges in China.