China will adopt it far faster then the US because of their pollution problems and ability to bypass regulations.
The ability to bypass regulations ends up causing more problems than it fixes. It does not speed up progress. It does not make society more innovative, or competitive.
In the 1960s Japan had few regulations governing pollution, and they had horrendous pollution. So bad, it actually killed children in Yokkaichi, and it caused terrible illness in Minamata. This did not contribute to progress. It did not free up Japanese resources for better things, or make them more competitive. It enriched a few people, killed thousands people, and destroyed hundreds of thousands of lives.
When the Japanese government passed laws regulating and reducing pollution, this triggered innovation. It gave rise to profitable pollution control technology and high efficiency machinery which Japanese companies exported to other countries. These regulations sped up progress. They did not impede it or slow it down.
See my book, chapter 16, starting on p. 126:
http://lenr-canr.org/acrobat/RothwellJcoldfusiona.pdf
A nation that cannot or will not regulate pollution, and would make no effort to regulate an unknown nuclear reactions is not capable of developing cold fusion.
Anyway, China is a highly restrictive place. There is little academic freedom these days. It is not the kind of environment where people are likely to develop something as revolutionary as cold fusion. Cold fusion is not been developed in the United States because academic freedom has been restricted, eroded by corrupt scientists and now clobbered by ignorant anti-science fanatics. As Schwinger said, "this will be the death of science." Things are much worse in China, and not very good in Japan either. High government officials there have told researchers that they are determined to prevent the development of cold fusion because it might "interfere with the energy economy." Government officials in Japan tend to have more control over their economy than U.S. officials have over ours.