Earlier this month we posted a report about Apple's iPhone 5S being the number one smartphone in the world. Yet despite its popularity, it wasn't number one in China where they were beat out by Xiaomi's Redmi smartphone model that sells for well under US$200. Out of the top ten smartphones in China, Xiaomi, Apple and Samsung took nine of them. So in China, there's a strong three-way race taking place. Today Xiaomi raised the bar well ahead of Apple's iPhone 6 in order to drive sales their way. The new Mi 4 will be competing with both Apple's 5.5 inch model and Samsung's upcoming Note 4. The pressure is now on Apple to deliver their larger iPhone on time this fall in order to at least maintain their status in the Chinese market. Our report provides you with a look at the full specifications of the new Mi 4 that Apple will be competing against in China this current quarter and into the Holiday season.