If you're as confused as I was, apparently this is an attempt to create a new Chinese state funded by an exiled Chinese billionaire. As /pol/ puts it... it's a "weaponized meme."
https://boards.4chan.org/pol/thread/260784212/federal-state-of-new-china-is-a-weaponized-meme
[–] 24134535? 0 points 1 point 1 point (+1|-0) ago
I don't quite get what's happening. Can anyone with a little more knowledge chime in?