Is XRP related to value in China?
No, not have more holder Ripple from China, as per my understand the altcoin have many holder from China is Antshare, Litecoin, Ethereum Classic, maybe Stellar in this list too.
If I'm answering the question honestly, I don't think XRP has penetrated the Chinese market to any great extent - or India for that matter! These are two massive markets that could drive value easily into the dollars in themselves when crypto gains traction.
Yes, I know Bitcoin is big in China, but India has yet to see significant levels of adoptions, IMO. And XRP has yet to see adoption in both those markets!
But when that happens....