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Hmm... Doesn't matter too much with the specifics. It was still limiting the king's power,and giving more to the nobles,which you would not see in China. Not to mention this was also way back in 1215, the nobles got more and more power over time and this established the free Anglo-Saxon society you see today.
I think that's really the biggest question. As I see it, the people or regional govts rising up and demanding more power is not gonna happen.The Chinese government is quite good at keeping order. Liberalization seems more likely to come from the top down assuming people from the younger generation who think differently and were possibly educated in the West get in power. But I'm going to guess there aren't many of those types in the NPC right now.
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