I don't think it would be open to the market. It's probably only exclusive to China. Their government wants to control all since they are a communist country and so, they made their own cryptocurrency to use. They may have seen the potential of the technology but I don't think it would have great impact on the future of crypto. Maybe some investors from China would be restricted to their own crypto but that's just it. Maybe it would bring more people into cryptocurrencies. Bitcoin and altcoins would just continue as normal.