There are rumours, apparently with some substance, that a Chinese mulitmode transceiver for 4m may be being designed. This would not be too surprising, although expect some delay between "being designed" and being available in the shops.
Of course, with several Chinese FM handhelds and mobiles now available at competitive prices from 4m - 70cm it can only be a matter of time before a Chinese equivalent to the FT817's successor (yes we are still waiting, waiting, waiting Yaesu!) will hit the streets, and at a knock-out price. It would not surprise me one bit if such a rig appeared before the end of 2011. Once the Chinese realise they have a ready market for quality ham gear then look out Icom, Yaesu and Kenwood as your days may be numbered, seriously.