Will China make STEEM price go up?

I noticed something interesting when I was looking at the stats by Hive account@sevenseals

In 2 months China has risen from number 8 country on steemit to number 3 country by bypassing the India this week.

Right now the top 5 countries that uses steem are:

1. U.S.A 22.9%

2. Republic of Korea 12.9%

3. China 4.9%

4. India 4.6%

5. Japan 3.9%

Source

What do you think?

Will China affect the price?