This is intriguing video.  But it could be CGI.  We're not experts on that question.  The YouTube comments lean heavily in the fake corner.  But what's interesting about this brief video, is that it strongly resembles the pyramidal obejct that was videod in the Moscow sky back in December.

Around 20 years ago, I and a couple of other witnesses, watched a burnished copper colored trapeziodal shaped object, very similar to the object in this Chinese video, hover in the clear afternoon eastern sky of San Francisco's North Beach.  The object appeared to morph into different shapes before our eyes.  Both of those witnesses are still around, and I showed this Chinese video to one of them, and he agreed that it was very similar to what he remembers seeing that afternoon. 

To link to the new Chinese video, click here.
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Date: March 7, 2010 11:57:37 AM PST
To: This email address is being protected from spambots. You need JavaScript enabled to view it.
Subject: Re: Definitive proof: Clearest UFO ever filmed in China?



Yes it is "astonishing."   My guess is that it is some sort of large pyramidal or tetrahedral kite and a smaller kite as well. Note the tilt and the pointed bottom.  Be nice to know which direction the wind was blowing (right to left?).