My guess is that the Chinese exchanges will follow too as they also need capacity for the exact same reasons.
My guess is that the Chinese are not going to be bullied by the US and there is no actual need for the capacity (as trading on exchanges is not done on the blockchain).
No one is bulling anyone. This is open source technology and people are free to do whatever they want. The biggest US companies have decided to fork because Core does not responding to their needs. Well then, be it.
Very few people are actually using BTC for normal txs - it is simply not convenient and the fees to get your BTC make it actually a stupid idea (this whole argument about needing more volume of txs is actually just rubbish).
This is your opinion which a lot of people and businesses disagree with. Feel free to ignore those who find bitcoin convenient and want to do more tx with. Now they are forking you.