Well, China is a rising economic super power. And China consists of almost 1.4 billion people!
Even if China allows the use of only...Made in China crpytos and bans the rest, all this increased interest is bound to have some effect in BTC and all other cyptos. Despite goverment internet,censorship, many Chinese folks know how to bypass it to access the stuff we westerners enjoy. So, all in all, I think it's gonna be a good thing, both in regards to price and adoption!