Is Binance legal in China?

I'm quite curious about the legality of Binance in China. As a cryptocurrency exchange platform with a global presence, I've noticed that Binance often attracts a large number of users, including those from China. However, given the complex and evolving nature of financial regulations in China, I'm unsure about the legal status of Binance there. Could you please shed some light on this matter? Is Binance fully compliant with Chinese laws and regulations, or are there any legal issues or restrictions associated with its operation in China? Thank you for your time and assistance.