@Bloodline:
I think it's too early to tell what China really wants. Just a few months ago they were all about their homegrown Dragon CPU, more recently we've heard Alan's story of how interested in PPC they are and we've also had reports, as you said, of their interest in 64 bit Wintel chips (I've also heard they're looking at Itanic2). I think they basically want to see how to best grow their IT infrastructure, since they're effectively going from zero, and they don't want to discount anything. Very smart move, I think.