"By definition, Alternative Medicine has either not been proved to work, or been proved not to work. Do you know what they call Alternative medicine that's been proved to work? Medicine."

--Tim Minchin

http://www.youtube.com/watch?v=ujUQn0HhGEk

Traditional medicine != Alternative medicine, it's the only medicine available for majority of people on Earth (about 80% of people in Asia are exposed almost exclusively to it). Chinese had their medicine when we europeans were still living in caves.

For all intents and purposes, there are two types of "medicine". Modern science based medicine, and everything else. I put medicine in quotes there because the "everything else" isn't medicine. Traditional medicine is a form of alternative medicine, and it is bullshit.

"The American National Center for Complementary and Alternative Medicine (NCCAM) cites examples including naturopathy, chiropractic medicine, herbalism, traditional CHINESE MEDICINE, Ayurveda, meditation, yoga, biofeedback, hypnosis, homeopathy, acupuncture, and nutritional-based therapies, in addition to a range of other practices.[5]"

Capitalization for emphasis.

There is also a european traditional medicine, only that it has been largely forgotten because scientific medicine was so much more effective. In China they never developed any scientific approach to healing, so the traditional stuff was all they had. And no, its not "that" old.