There's already at least two Chinese Python-based languages --- Zhongmeng and ZhPy. I played around with the former a bit after working with a guy who was relentlessly evangelising for it.

Obviously since I both speak enough English and am not a native speaker of Chinese, I'm not the target audience, so I can't really comment on whether it's necessary or not. One thing that was nice was identifiers taking up much less horizontal space.

http://www.chinesepython.org/cgi_bin/cgb.cgi/english/english...