Qidian (the biggest Chinese fantasy publisher/web literature site) created
www.webnovel.com and have 100+ translated novels so far on there. They are investing $10 million USD in the next few years to translate more and more of their most popular fantasy novels in China into English.
Best of all, they are free to read.
So for Chinese fantasy, there are now 4 main sites
www.webnovel.com
www.wuxiaworld.com
www.gravitytales.com
www.volarenovels.com
All free to read.