The jī of wēijī, in fact, means something like “incipient moment; crucial point (when something begins or changes).” Thus, a wēijī is indeed a genuine crisis, a dangerous moment, a time when things start to go awry. A wēijī indicates a perilous situation when one should be especially wary. It is not a juncture when one goes looking for advantages and benefits. In a crisis, one wants above all to save one's skin and neck! Any would-be guru who advocates opportunism in the face of crisis should be run out of town on a rail, for his / her advice will only compound the danger of the crisis.
http://www.pinyin.info/chinese/crisis.html
This essay is by Victor H. Mair, professor of Chinese language and literature at the University of Pennsylvania, with contributions from Denis Mair and Zhang Liqing. © Victor H. Mair.
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