A timepiece may be a good gift to give away except not a clock if your gift is going to a Chinese.
Why? Because to give a clock figuratively means to send off someone, as in death. Choi! Choi! So you see, giving a Chinese person a clock is a definite no-no. But a watch is a-okay because the word for watch in Chinese sounds entirely different from the word for clock. I know, this sounds superstitious but, hey, we are Chinese!