It is a Chinese Unicorn also known as Dragon Horse since it has a head of a dragon and body of a horse. It is a very good symbol of prosperity, success, longevity, illustrious offspring etc. it is associated with the he-tu square which is used in advanced Feng Shui. The Chi Lin is supposed to have magical powers and magical qualities since it is supposed to emerge from yellow river with the mystical map on its back.
The Dragon Horse can be displayed in the house in the living room near the vicinity of the main door, but it should not face directly towards main door. The presence of Chi Lin attracts the cosmic breath of the dragon, which brings lot of good fortune. The Chi Lin is lucky for those who want promotions in their jobs or advancements in their careers. It is also good for those working in military. It can also be displayed at work place as it enhances prosperity. It is also used as a cure for some flying star afflictions, and it should be made of brass and should be placed in pairs.
The best place to keep Pagoda is North East corner of the child room. It is considered to have yin energy, and so as to make it effective, it should be balanced by yang energy in the room, i.e. by having red colour present in the room. The yang effect of the red colour helps to awaken the chi of the Pagoda.