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Microsoft follows Chinese PS4 reveal with Xbox One price cut

Following Sony's announcement that the PlayStation 4 will soon launch in China, Microsoft has dropped prices on Xbox One consoles in the region. According to the gaming arm of Chinese news outlet Sina (via Kotaku translation), both the Xbox One with Kinect and the a la carte version of the console have been discounted by 500 RMB (about $80), to 3,799 RMB ($613) and 3,199 RMB ($517), respectively.

Despite these price drops, neither version of the Xbox One is as inexpensive as the PlayStation 4 will be when it reaches China on January 11 at a price of 2,899 RMB ($468). Both versions of the Chinese Xbox One include two free games, while Sony has made no mention of any games bundled with its console.

[Image: Microsoft]