Microsoft said earlier this week it will enter China's gaming market
ZTE has so far sold 100,000 phones running Firefox OS
The joint venture will be set up in a new free trade zone in Shanghai
Tencent is spending $448 million to buy a stake in Chinese search engine Sogou
Some Chinese are complaining about the phone's high price
The iPhone 5C's high price could still be out of reach for many consumers in China
Chinese regulators have already approved the first LTE TDD phones
China has been stepping up measures to crack down on online rumors
Xiaomi recently gained attention for hiring a former Google executive