A localized YouTube in China?

After launching a localized version in Taiwan and Hong Kong, YouTube is considering stepping into the mainland. But, wait a minute. Doesn’t China enforce one of the most stringent Internet censorship in the world?

Akin to the “traditional” Internet it has a policy of restricting foreign online video media and of blocking anything with content which it deems bad to the Communist Party.

Both Google and Yahoo have come under repeated fire in the media¬†and the US Senate¬†for “censoring” the Internet in China. So, how are they going to dodge the bullet this time? Until then, Chinese-based online video websites, like Youku.com and Tudou.com are unlikely to encounter much competition.