This is great news if you ask me, because I have done business with sellers from China before and not only are the prices cheaper (I've gotten deals with less than half-price) but from the people I've conducted it with, they were very reliable. I have gotten a few bad batches of equipment here and there, but like I said, no problems in any exchanges what so ever.
This does pose another issue though, and that would be scamming. It is obvious common sense to try and do some research whenever trading with someone overseas (in China, certain districts/ provinces are prone to scams. Get duped, and no one can do anything about it.)
So if anyone plans on buying these 360s, always make sure the seller seems legit, and try some background research first. (Almost got duped into LCD TVs once, they were being sold at about 55% original price. After some more in depth research, found out it was a scam...) Good luck to all who will be making purchases with the Chinese!