Is the Sumatran Rhinoceros related to the Woolly Rhinoceros?

The Sumatran Rhinoceros is believed to be closely related to the extinct Woolly Rhinoceros because of morphological similarities. The Woolly Rhinoceros, so named for the coat of hair it shares with the Sumatran Rhinoceros, first appeared in China and by the Upper Pleistocene ranged across the Eurasian continent from Korea to Spain.