What a lot of people don't seem to realise is that China is not only attempting to become the world's biggest economy; they are also striving towards becoming the most self-sufficient economy. Look at the growth of companies such as Huawei, Sinopec and the massive growth in domestic banking and insurance services. ICBC is now the biggest company in the world and the two companies following on that list are also Chinese banking groups. Look at the company "Alibaba" which flew way past the likes of IBM and Facebook on its very first day of stock market exchange and manages about 80% of the country's online trade.
They started manufacturing their own rifles, fighter planes and tanks and they are ensuring every step of the way that they can stand on their own in almost all aspects of production and investment; like a continent on their own. They have also invested heavily in Africa, a lot more so than any country or interest in the West, all to ensure the future of their nation's economy and continued growth.
My point is this; should the console gaming market in China grow significantly; this will likely lead to the rise of domestic, major software developers and hardware of their own make and will probably not affect Sony, Nintendo or Microsoft that much. China has a very strained relation with Japan and the US, and unlike other countries where one can merely observe cultural bias and consumer preference; China has taken is several steps further in enforcing a government policy of downright forbidding or limiting the presence of many foreign products and services, making the law itself an inhibitor on growth from outside influence, this is a very deliberate action from China and all a part of the ambition of becoming the most powerful economy on earth, and one a lot less reliant on and/or impacted by international market fluctuations.
No matter what happens; it is highly unlikely that MS, Sony or Nintendo will ever make big bucks on selling games and consoles in China, MS are even having trouble maintaining the relevancy of Windows over there and Chinese officials outright banned Windows 8 from being distributed in China.
