“On Oct. 20, Bitcoin Magazine’s Vitalik Buterin wrote that, with some caveats, ‘the Bitcoin markets are dominated by the Chinese.’ ‘Although it might be hard to believe, the Chinese Bitcoin exchanges are in fact responsible for much more trade volume than those in Europe and the United States. BTCChina, the most prominent Chinese Bitcoin exchange, currently shows roughly the same volume as MtGox and BitStamp, and there are plenty of other exchanges that have not received as much public attention outside of China, but whose volumes add up to even more than BTCChina altogether.'”
http://www.businessinsider.com/china-and-bitcoin-2013-10
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