If people Think Sony is a small Player in the chinese Market, well they can look at this and Think Again:

Sony has been investing into china even since before 1978

http://www.sony.net/pressroom/operat/eastasia/china.pdf

they have Quite the Holding's there, add in the fact that China is now opening up the market for game console's now there bodes well for Sony, Nintendo and Microsoft.  all three companies should do quite well there.

Not a single next gen console will find any sort of success in China.

That's gonna be hard. PC gaming is insane in China, games like Dota 2, Warcraft, League of Legends, Starcraft and the likes basically dominate the market, competing with that will almost be mission impossible. 

There's also a price issue, the reason those games are popular is because of huge gaming centers in China, places like this:

From what I understand these are HUGE places (hundreds of computers at the same time) where people pay maybe 1 or 2 dollars an hour and get access to all the games, why would chinese players pay, let's say, $400 for a PS4 when they have access to all those online games incredible cheap?

never say never..lol

because all three are looking to expand into the region, and with Microsoft and Sony both pushing for indies with self publishing, there may infact be an open market for indie developers out of china on these consoles. Nintendo's 1st recent try alone does not mean Nintendo has threw up the hands and do not think for a min, that they are not looking to make another go at it, because with both Microsoft and Sony doing So and with Google and Apple also its going to get quite a bit of an influx for computer entertainment. Both Sony and Microsoft has spent million's and Millions dare i say billions of $$$ investment over the years to get into that market, they know it may not work out, but they d@mn sure are going to try.

Also you have to look at it like this, if that was the case why would the chinese market even need to look at any game console at all? i mean if you are talking about "pirate" Software, than if the above is such massive Return On Investment, than all they would be going after is the PC!

But that is not the Case, and since now both Microsoft and Sony are pushing Self publish, not to mention Sony is allowing the Unity 3D game engine that works across the PSVita/PS3/PS4 along with Playstation Now being a streaming service, why is Both Microsoft and Sony spending Millions of $$ in Funding in china is this was only really  a "PC only centric Game market"

The fact that game consoles software is pirated, not only that but even Game consoles themselves have knock off's proves there is infact a market for the orig's

If they'll even have developers.....

In total, the investments from Sony Corp. into everything totals to roughly 1318.9 million RMB, which equates about $211.5 million dollars. The entire operation is going to enlist the talents of local game developers within China so that they can get an edge with exclusive content on Playstation platforms within the country, and to help promote growth within the Chinese video game industry.

http://nichegamer.net/2014/05/sony-is-launching-playstation-in-china-with-shanghai-oriental-pearl-group/

Who said they were releasing a next gen console? Nintendo has already said they're releasing a cheaper console there, why wouldn't Sony? If Microsoft tries to release the Xbone there, they'll probably screw themselves, but I don't think Sony will be that dumb and try to release the PS4. The article mentioned they want to grow the local gaming industry with local developers making games, and I doubt any local developers have the budgets to make AAA games for 8th gen systems.

If China does the same thing to games as they did to blockbuster movies (since a few years) it will be a very healthy investment with a lot of return in the future.

I hope they like JRPG, oh Id love it if they did.