There is probably not a single phrase that is a more accurate prelude to bullshit than “such-and-such is based on ancient Chinese wisdom.” The idea that credibility is gained the older and more distant a practice becomes is nonsense. It is similar to the common arguments one often hears when debating Christians: “Well, people wouldn’t have believed in this for two-thousand years if it were false.” For some reason there is an allure for practices surviving to modern times from a distant and tumultuous past. A difficult notion for some people to accept is that modern man knows more than any primitive culture, and the allure should be reversed, favoring the advice of modern doctors or scientist over the scribblings of some ancient shaman from the Bronze Age.
This fascination with ancient teachings is interesting, and the direct proportionality of the age of an idea to the fervency with which it is believed is even more curious and nonsensical. This is known as the logical fallacy of antiquity/tradition, or argumentum ad antiquitum: Because something is old, or has been done in the past, it should be valued.
I got to thinking about this while watching a Fox News story about some third-grade kid who espouses to have “healed his friend with Qigong,” an ancient Chinese practice. See it for yourself.