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Tencent bought the majority stake in Riot Games Inc. from their original investors, so while they do technically 'own' Riot, they actually paid a bit more to Riot's current management team to keep them running the company and not bail ship.
So the company is run by the same people as before. Tencent just gets to dip their fingers in the profit.
And whether or not this ZQ Games thing will set something off in China, idk. But it won't affect us here, unless you actually just like the other game better. Then...you would switch games.
My Hubris is bigger than yours. NA - TheWorld7 & Tragedy Baby // PBE - Je Suis
Usopp is a MF reskin I saw a Rammus (dunno what he was reskinned into but that was Rammus) Shrek is a Mundo reskin I saw a Blitz, an Ashe ult, and a Malphite ult... Hell, the whole map looks too much like SR, unlike HoN which looked similar to the DotA1 map. This Chinese game sucks.
Riven reskinned into Saber with Lux ult... SO MUCH WANT
They won't get in trouble for doing this, they did the same thing with Team Fortress 2 and got away with it.
At any rate, while it is a shameless copy, I DO like the idea of seeing Shrek, Edward Elric and Mickey Mouse beating the piss out of each other in a Moba. I love crossovers of franchises, even the non-legal ones. It is just too bad the voiceovers are in chinese and suck.