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Microsoft delays launch of its Xbox One console in China

Microsoft did not give a reason for the delay in a statement on Sunday. The delay is the latest in a series of setbacks for Microsoft in China, where it is under investigation for suspected anti-trust violations related to the Windows operating system and Microsoft Office. The Chinese government lifted a 2000 ban on gaming consoles earlier this year. Microsoft had reached a deal with Chinese internet TV set-top box maker BesTV New Media Co Ltd (600637.SS) to form a joint venture to manufacture the consoles in Shanghai's…