Ahanu,
The way I see it, the one thing that is the biggest thing in Chinese culture right now is the changes the communists have made in Chinese culture since WWII. Quite simply, the communists wiped out a lot of Confucianism, etc., from the culture. This has left the Chinese people quite pragmatic -- they do not "fool" with a lot of religious and philosophical theories, hypotheses, etc., they just figure out how to do something. (Chinese people, of course, will not admit this. They are extremely sensitive to criticism of Chinese government and culture. For example, they avoid the word "communism" as much as possible.)
But this does not mean that all Chinese ways have been wiped out. There are many ways of doing things that are the Chinese way of doing things, and these ways (provided they are not part of the cultural and social changes put in by the communists) have not changed. I just had a fascinating discussion with an Australian businessman here in China who is trying to teach Chinese builders how to use western-style scaffolding at his construction sites, with no success. Once Chinese construction workers are turned loose on their own, they revert back to using metal and bamboo scaffolding like they have used their whole life.
There is a move in the Chinese government to re-build Confucianistic, etc., principles within the people. Buddhism is actually being encouraged by the communist government. (The government "admits" its policy of no religion for decades has left many young Chinese people highly materialistic and without a high set of morals.) It will be fascinating to see how far it gets.