Western existentialism is generally gloomy unlike Chinese philosophy ---both Taoism and Confucianism never speak of despair, angst or the predicament of living----such philosophy is immensely practical and can be followed by anyone--both sages speak of the Tao (The Way/the Path)---walk in the Tao and you will live in righteousness, beneficence and compassion.
The difference between the Tao of Taoism and that of Confucianism lies in this: the Tao of the former relates to the spiritual and metaphysical while that of the latter relates to the human being in society and benevolent governing.
A meeting of Nobel Prize winners in Paris in 1988 made this observation:
If mankind is to survive, it must go back 25 centuries ago to tap the wisdom of Confucius.
I am not a student of philosophy and this is all I can say