Exhibit 10.1

                                               [_____], 2007

China Pacific Acquisition Corp.
43/F Jardine House
1 Connaught Place
Hong Kong, China

WR Hambrecht + Co, LLC
539 Bryant Street
San Francisco, California  94107

        Re:     INITIAL PUBLIC OFFERING

Gentlemen:

        The undersigned officer and director of China Pacific Acquisition Corp.,
a Delaware  corporation (the "COMPANY"),  in consideration of WR Hambrecht + Co,
LLC's  ("WRH")  entering  into a letter of intent  (the  "LETTER OF  INTENT") to
underwrite an initial  public  offering (the "IPO") of the Company's  units (the
"UNITS"),  each composed of one share of the Company's  common stock,  par value
$.0005 per share (the "COMMON STOCK"),  and one warrant which is exercisable for
one share of Common Stock (a "WARRANT") and embarking on the IPO process, hereby
agrees as  follows  (certain  capitalized  terms  used  herein  are  defined  in
paragraph 12 hereof):

        1.      If  the  Company  solicits  approval  of its  stockholders  of a
Business  Combination  or Extended  Period,  the  undersigned  will vote all his
Insider Shares in favor of such Business Combination or such Extended Period. If
the Company solicits  approval of its stockholders for dissolution and a plan of
distribution  of assets,  the  undersigned  will vote all shares of common stock
owned by him in favor of such plan.  Notwithstanding the foregoing, in the event
that the Company shall  simultaneously  solicit the approval of its stockholders
for  both  (i) a  Business  Combination  or  an  Extended  Period  or  (ii)  for
dissolution and a plan of distribution of assets,  the undersigned will vote his
or its shares in favor of such Business  Combination or such Extended Period. In
addition,  the undersigned hereby waives his right to exercise redemption rights
with respect to any shares of Common Stock owned by the undersigned, directly or
indirectly,  and agrees that he will not seek  redemption  with  respect to such
shares in connection with any vote to approve a Business Combination (as is more
fully described in the Company's prospectus relating to the IPO).

        2.      In the event that the  Company  fails to  consummate  a Business
Combination  within (i) 18 months from the effective date ("EFFECTIVE  DATE") of
the registration  statement relating to the IPO (the "REGISTRATION  STATEMENT"),
(ii) 24 months from the Effective Date, if the Company has entered into a letter
of intent or definitive  agreement with respect to a Business Combination within
18 months from the Effective  Date, or (iii) 36 months from the Effective  Date,
if the stockholders have approved the Extended Period, the undersigned will take
all reasonable actions within his or its power to (a) cause the Trust Account to
be  liquidated  and  distributed  to the  holders  of the IPO  Shares as soon as
practicable  and (b) cause the  Company to  dissolve  and  liquidate  as soon as
practicable  (the earliest  date on which the  conditions in clauses (a) and (b)
are both satisfied being the "LIQUIDATION  DATE"). The undersigned hereby waives
any and all right, title, interest or claim of

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any  kind in or to any  distributions  of the  Trust  Account,  or to any  other
amounts distributed in connection with a liquidating distribution of the Company
including with respect to his Insider Securities ("CLAIM") and hereby waives any
Claim the  undersigned may have in the future as a result of, or arising out of,
any contracts or agreements with the Company and will not seek recourse  against
the Trust Account for any reason whatsoever.

        3.      The  undersigned  acknowledges  and agrees that the Company will
not  consummate  any  Business  Combination  that  involves  a company  which is
affiliated  with any of the Insiders  unless the Company obtains an opinion from
an independent  investment  banking firm  reasonably  acceptable to WRH that the
business  combination  is fair to the  Company's  stockholders  from a financial
perspective.

                4. [[FOR ALL INSIDER  LETTERS  OTHER THAN THAT OF DATO' SIN JUST
WONG:]Neither  the  undersigned,  any member of the family or  affiliate  of the
undersigned,  nor any Affiliate of the  undersigned  will be entitled to receive
and will not accept any compensation for services  rendered to the Company prior
to the consummation of the Business  Combination.  Neither the undersigned,  any
member of the family or affiliate of the undersigned will be entitled to receive
and will not accept a finder's fee or any other compensation from the Company or
any other  person or entity  in the  event the  undersigned,  any  member of the
family or affiliate of the undersigned  originates a Business  Combination.  The
undersigned  shall be  entitled  to  reimbursement  from the  Company  for their
out-of-pocket  expenses  incurred in connection with seeking and  consummating a
Business  Combination.  In addition,  the  undersigned,  together with the other
initial  directors of the  Company,  has agreed to advance up to $500,000 to the
Company pursuant to a non-interest bearing promissory note, dated June 20, 2007,
which  shall be used to pay a portion of the  expenses  related to the IPO.  The
loan is due and  payable on the  earlier to occur of (i) June 20,  2008 and (ii)
the  consummation  of the IPO and will be repaid out of the net  proceeds of the
IPO not placed in the trust account.]



                [[FOR THE INSIDER  LETTER OF DATO' SIN JUST  WONG:]  Neither the
undersigned,  any member of the family of the undersigned,  nor any Affiliate of
the undersigned will be entitled to receive and will not accept any compensation
for services  rendered to the Company prior to the  consummation of the Business
Combination.  Neither the undersigned,  any member of the family or affiliate of
the  undersigned  will be entitled to receive and will not accept a finder's fee
or any other  compensation from the Company or any other person or entity in the
event the undersigned,  any member of the family or affiliate of the undersigned
originates a Business Combination.  Notwithstanding the foregoing, commencing on
the Effective Date, SBI-e2 Capital ("RELATED PARTY"), shall be allowed to charge
the Company an allocable  share of Related  Party's  overhead,  up to $7,500 per
month,  to  compensate  it for the  Company's  use of Related  Party's  offices,
utilities  and  personnel.  Related  Party  and the  undersigned  shall  also be
entitled to  reimbursement  from the Company  for their  out-of-pocket  expenses
incurred in connection with seeking and consummating a Business Combination.  In
addition,  the  undersigned,  together with the other  initial  directors of the
Company,  has agreed to advance up to  $500,000  to the  Company  pursuant  to a
non-interest  bearing  promissory note, dated June 20, 2007, which shall be used
to the  earlier  to occur if (i) June  20,  2008 and (ii) pay a  portion  of the
expenses related to the IPO. The loan is due and payable on the earlier to occur
of (i) June 20, 2008 and (ii) the consummation of the IPO and will be repaid out
of the net proceeds of the IPO not placed in the trust account.]

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        5.      Neither  the  undersigned,  any  member  of  the  family  of the
undersigned, nor any Affiliate of the undersigned will be entitled to receive or
accept a finder's fee or any other  compensation  in the event the  undersigned,
any member of the family of the  undersigned or any Affiliate of the undersigned
originates a Business Combination.

        6.      The undersigned is, or prior to the Effective Date shall be, the
owner of record  and  beneficial  owner of _______  shares of Common  Stock (the
"FOUNDER'S  SHARES") and ________  Warrants  (together with any shares of Common
Stock  issuable upon exercise of the Warrants,  the "INSIDER  SECURITIES").  The
undersigned  will escrow his Insider  Securities in accordance with, and subject
to, the terms of a Share Escrow Agreement which the Company will enter into with
the undersigned  and Continental  Stock Transfer & Trust Company as escrow agent
as follows:  all Insider  Securities  shall be subject to restrictions on resale
from the  Effective  Date through the date six months  following the date of the
consummation of a Business Combination (the "LOCK-UP PERIOD"):

        7.      I agree to serve as the  [___________]  of the Company until the
earlier of the  consummation  by the  Company of a Business  Combination  or the
liquidation of the Company. The undersigned's biographical information furnished
to the Company and WRH  included in the S-1  Registration  Statement is true and
accurate in all respects, does not omit any material information with respect to
the undersigned's  background and contains all of the information required to be
disclosed  pursuant  to Section 401 of  Regulation  S-K,  promulgated  under the
Securities Act of 1933, as amended. The undersigned's Questionnaire furnished to
the  Company  and WRH is true and  accurate  in all  respects.  The  undersigned
represents and warrants that:

                (a)     he is not subject to or a respondent in any legal action
for, any injunction, cease-and-desist order or order or stipulation to desist or
refrain from any act or practice  relating to the offering of  securities in any
jurisdiction;

                (b)     he has never been  convicted of or pleaded guilty to any
crime (i) involving any fraud or (ii) relating to any financial  transaction  or
handling of funds of another person,  or (iii) pertaining to any dealings in any
securities and he is not currently a defendant in any such criminal  proceeding;
and

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                (c)     he has never been suspended or expelled from  membership
in any securities or commodities  exchange or association or had a securities or
commodities license or registration denied, suspended or revoked.

        8.      The undersigned has full right and power,  without violating any
agreement by which the undersigned is bound, to enter into this letter agreement
and to serve as an officer of the Company.

        9.      I authorize any  employer,  financial  institution,  or consumer
credit   reporting   agency  to  release  to  WRH  and  their  respective  legal
representatives  or agents (including any investigative  search firm retained by
WRH) any  information  they may have about the  background  and  finances of the
undersigned (the  "INFORMATION").  Neither WRH nor its agents shall be violating
my right of privacy in any manner in requesting  and  obtaining the  Information
and the undersigned hereby releases WRH from liability for any damage whatsoever
in that connection.

        10.     The  undersigned  agrees  to  indemnify  and hold  harmless  the
Company,  jointly and severally with the other officers of the Company,  against
any and all loss, liability,  claims, damage and expense whatsoever  (including,
but not limited to, any and all legal or other expenses  reasonably  incurred in
investigating, preparing or defending against any litigation, whether pending or
threatened,  or any claim whatsoever) to which the Company may become subject as
a result of (i) any claim by any vendor or other person who is owed money by the
Company  for  services  rendered  or  products  sold,  or (ii) any  claim by any
prospective target that the Company did not pay or reimburse such target for the
fees and  expenses of third party  providers of services  (such as  accountants,
consultants and attorneys) to the target that the Company agreed in writing with
the target to be liable for, in accordance with the terms of such agreement,  if
such person or entity does not provide a valid and enforceable  waiver to rights
or claims to the Trust  Account so as to ensure  that the  proceeds in the Trust
Account are not reduced by the claims of such persons that are owed money by the
Company for services rendered or products sold to the Company,  but in each case
only to the extent necessary to ensure that such loss, liability,  claim, damage
or expense  does not reduce the amount in the Trust  Account  (or,  in the event
that such claim  arises  after the  distribution  of the Trust  Account,  to the
extent  necessary to ensure that the Company's former  stockholders,  other than
the  officers  of the  Company,  are not  liable  for any  amount of such  loss,
liability, claim, damage or expense).

        11.     In order to minimize potential  conflicts of  interest which may
arise  from  multiple  affiliations,  the  undersigned  agrees to provide to the
Company  a right  of  first  refusal  (the  "ROFR")  with  respect  to  Business
Combination  opportunities in the specific sectors  identified in the prospectus
included in the Registration  Statement at the Effective Date, which are not the
only  sections  in which the Company  may seek a Business  Combination. The ROFR
shall be in  effect  from the  earlier  to  occur of (1) the  consummation  of a
Business  Combination  and (2) the dissolution and liquidation of the Company if
it fails to  consummate a Business  Combination  as described in the  prospectus
included in the Registration Statement at the Effective Date.

        12.     As used herein,  (i) a "BUSINESS  COMBINATION"  shall  mean  the
initial  acquisition  or  concurrent  acquisitions,  as the case may be,  by the
Company, whether by merger,

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capital stock  exchange,  stock  purchase,  asset  acquisition  or other similar
business  combination,  of an operating business or businesses,  as the case may
be, having primary business  operations in the People's  Republic of China; (ii)
"INSIDERS"  shall mean all officers,  directors and  stockholders of the Company
immediately prior to the IPO; (iii) "TRUST ACCOUNT" shall mean the trust account
established  pursuant to the  Investment  Management  Trust  Agreement,  between
Continental  Stock Transfer & Trust Company and the Company;  and (iv) "Extended
Period"  shall mean the  12-month  extension,  for which the  company  must seek
stockholder  approval,  in the  event  that it fails to  consummate  a  Business
Combination within 24 months of the Effective Date.

        [12.][13.]      The undersigned  acknowledges  and understands  that the
Company will rely upon the agreements,  representations and warranties set forth
herein in proceeding with the IPO.  Nothing  contained herein shall be deemed to
render WRH a representative of, or a fiduciary with respect to, the Company, its
stockholders,  or any  creditor  or vendor of the  Company  with  respect to the
subject matter hereof.

        [13.][14.]      This   letter   agreement   shall  be   binding  on  the
undersigned   and  such  person's   respective   successors,   heirs,   personal
representatives  and  assigns.  This letter  agreement  shall  terminate  on the
earlier  of (i) the  consummation  of the  Business  Combination  and  (ii)  the
Liquidation  Date;   PROVIDED  that  such  termination  shall  not  relieve  the
undersigned  from  liability  for any  breach  of this  agreement  prior  to its
termination and PROVIDED, FURTHER that Section 10 of this letter agreement shall
survive a termination pursuant to clause (ii).

        [15.][16.]      This   letter   agreement   shall  be  governed  by  and
interpreted  and construed in accordance  with the laws of the State of New York
applicable to contracts formed and to be performed  entirely within the State of
New York,  without  regard to the  conflicts  of law  provisions  thereof to the
extent such  principles or rules would require or permit the  application of the
laws of another jurisdiction.

                            [SIGNATURE PAGE FOLLOWS]

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    The undersigned hereby executes this letter agreement as of [_____], 2007.



                                               ---------------------------------
                                               Name:


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