Draw old china (9)
I believe the answer is:
stalemate
'draw' is the definition.
(stalemate is a kind of draw)
'old china' is the wordplay.
'old' becomes 'stale' ('stale' can be a synonym of 'old').
'china' becomes 'mate' ('China plate' is rhyming slang for 'mate').
'stale'+'mate'='STALEMATE'
(Other definitions for stalemate that I've seen before include "Inglorious deadlock" , "situation without a winner" , "a position on board" , "Possible chess game ending" , "Blocked position" .)