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When your cheap relatives won't buy real Christmas presents and they find crap they don't want anymore around their house and you trade with each other.
It's supposed to be funny, gag gifts unless your family is made up of stale, cheap Jesus freaks.
Looks like that fat bitch Dianne took my halfway decent gift in exchange for the shit she found in the dumpster that is her house for the chinese auction.
by barack obama hillary is a man October 29, 2007

Words related to chinese auction

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When a group of guys tape a girl's eyes shut and blow their loads on her chest in unison. The one who blows the largest load then has sex with the girl.
Dude, let's invite Tara over and put her up for a Chinese Auction!
by Uncle Barnwell April 24, 2013