Nope, says Robert Lane Greene:
Fewer and fewer native speakers learn to produce characters in traditional calligraphy. Instead, they write their language the same way we do—with a computer. And not only that, but they use the Roman alphabet to produce Chinese characters: type in wo and Chinese language-support software will offer a menu of characters pronounced wo; the user selects the one desired. (Or if the user types in wo shi zhongguo ren, “I am Chinese”, the software detects the meaning and picks the right characters.) With less and less need to recall the characters cold, the Chinese are forgetting them.
He recommends learning French instead.