An early 20th century Chinese Peking Dragon motif rug with a spacious open field design on an ivory ground Measures: 7'3'' x 9'7'' Chinese dragons are an important and powerful symbol in the eastern world and are sometimes find in Chinese Peking rugs. This creature celebrated in legends is the one of the few mythical animals featured in the eastern world. Dragons are considered powerful creatures that guard the tree of life, protect the pearls of wisdom and harness the power of all earthly and celestial elements. They are also harbingers of good fortune, which makes the year of the dragon particularly auspicious.