Yes, and it will radically change as the web stops being English / Latin alphabet dominated.
Typography for Japanese characters is fascinating - three different languages almost, sitting in the same sentence, the cadence of language reflecting in the angles or spacing,
the possibilities are an order of magnitude more complex than English - and an order of magnitude more rewarding.
We've stolen a tremendous number of words with out adding arabic/hebrew/cyrillic/japanese/etc characters, I don't see any reason to assume we'll start with chinese.
Typography for Japanese characters is fascinating - three different languages almost, sitting in the same sentence, the cadence of language reflecting in the angles or spacing, the possibilities are an order of magnitude more complex than English - and an order of magnitude more rewarding.
http://www.flickr.com/photos/esthet/3454734/ - beauty in calligraphy
http://www.kfstudio.net/himaji/ - cute fontface for Kanji
http://www.lukew.com/ff/entry.asp?111 - a good primer