China has embarked on a major restructuring of its energy production to disengage from coal and emphasize renewables. Leaving the Paris Accords will hasten the transition to China's upcoming role as world leader. Other nations are realizing that the US is becoming irrelevant to their futures and they need to get on board with the reshuffling of international relations. Things will only change faster now.
Crusader--you know China is ranked #25 in World Intellectual Property Organization's 2016 Global Innovation Index. For them to move to #1 will require some doing.
Source: http://www.wipo.int/publications/en/details.jsp?id=4064
IMO, don't underestimate the innovation of the good ol USA.