I have been workshopping a theory that the printing press was far more valuable in the West due to the small number of characters needed for printing the Latin

I have been workshopping a theory that the printing press was far more valuable in the West due to the small number of characters needed for printing the Latin alphabet compared with Chinese characters. I'm admittedly unfamiliar with pre-modern Chinese printing techniques, though. Is my theory plausible or am I way off base?