There was rumor before, that the Chinese Xbox One will sport a whopping $800 (4,999 RMB) price tag. But a picture leaked yesterday seems to put consumers at ease, bringing down the price of Xbox One "limited edition" to 3,499 RMB ($565). I should mention that every price tag in China is the after-tax price. For something labeled $500 pre-tax in the United States, $65 extra for tax and tariff isn't bad at all. The price even competes well against Xbox Ones smuggled into China (how the majority of Chinese consumers are buying game consoles in the past decade), which are mostly in the 3,100 - 3,700 RMB range on Taobao, China's most popular online shopping site.