Chinese Knot is also known as the Blind Knot, Forbidden Knot and Peking knot. A loose knot is made around the needle and tightened to form a tighter knot. It is called blind knot as it caused blindness (eye strain) and hence the other name forbidden knot!
Scroll down for Pekinese Stitch :D The chinese knot is flatter than the French knot, more shapely, not so twisted. In Chinese embroideries it's seldom used as isolated stitch but generally massed together, often covering large areas.