Currenly, there is a higher yen price on bitcoin than dollar price.
Let's dig in.
There is a question of what is the difference of CNY, the internal and most used yuan, and CNH, the so called off shore yuan. The difference is not obvious, and apparently there is no easy access to the definition. My take is that they are basically the same, but 1) they are bound by different money transfer regulations, and 2) the CNH market is rather more balanced, with private businesses making up the majority of demand and supply, while CNY has one dominant actor, the PBOC, who tries to fix the prices, or if you want to be kind, to stabilize it. Anyway, we don't know exactly what yuan/dollar price the different information services (bitcoinwisdom, bitcointicker, tradeblock, bitcoinity) use when they display the dollar price on the chinese bourses.
It turns out that OKCoin has a market for dollars and for yen. We can assume that at least for some customers, they have access to both dollars and yen. We don't need to assume the customers are chinese, nor that they are physically located in China. It is enough that some of the traders have access to both fiats.
I would like to assume that the market of traders on OKCoin have the same idea of the value of bitcoin, expressed in their bids and asks, and historically documented in the actual prices.
So, we can approximate a ratio of value between dollar and yuan amongst these traders.
Latest bitcoin price in dollars, traders on OKCoin: 507.64
Latest bitcoin price in yuan, traders on OKCoin: 3522 (corresponding to a dollar price of 537 ref the above).
TLDR;
This computes to a price of dollar in yuan at 6.94
Compare this to the USDCNY fix of 6.56 or to the USDCNH market of 6.578 friday night.
Conclusion: Actors affiliated to china wants to use their yuan to buy bitcoin, not their dollars. The bitcoin sellers wants dollars, edging the dollar price of bitcoin down.
And, possibly, the yuan is going to tank shortly.
And, possibly, the bitcoin bourses around the world are going to follow the chinese ones upwards.