Richard Freeman sent this, commenting that it looks like a huge eel or python. The YouTube blurb reads: 'This video is provided by Liupanshui TV,showing a lake monster spotted in Zangkejiang River flowing through Liupanshui,a small city located in the southwest of China.Rumors say the monster sank a cargo ship,leaving a crewman dead. A witness estimates the monster is about 8-meter long.
It looks like a giant python,dosen`t it?'
I don't know about sinking cargo ships but it is certainly an interesting piece of film and more convincing than many of its type.