Not Good Enough
I'm not knowledgeable in the game of basketball, but I could see that the team was not using Yao Ming to its advantage. Yao should've been getting the ball every time down the post. That way, he could shoot his jumpers or draw the double team. Also, there was lack of defensive rebound and poor defense.
The way the team is now, there is no way China can medal in the 2008 Olympics. But there is hope - get busy training.