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Hi Lynn,
That's a good point about language.
But as increasing numbers of Chinese are in fact fluent enough in English to read English-language news, this kind of news will spread. Despite the fact that the vast majority of people are unable to speak or read English, there are still millions of urban dwellers who can read English well enough to understand English language news sites, and they then share this information with their friends and family. This will increase since China is pushing its citizens to learn English. There are urban Chinese swapping U.S. zipcodes to access American news sites.
I suppose that Yahoo and Google could refuse to operate there, but does that really help anyone?