Creating an i686 container is equally easy as creating an x86_64 container. Only difference is it needs a separate pacman.conf and mirrorlist that points to i686 instead of x86_64.
Following commands can be used to create a separate pacman.conf.
# sed 's/Architecture = auto/Architecture = i686/g' /etc/pacman.conf > pacman.conf
# grep -v ^# /etc/pacman.d/mirrorlist|cat -s|sed s'/x86_64/i686/g' > mirrorlist
or
# grep -v ^# /etc/pacman.d/mirrorlist|cat -s|sed s'/\$arch/i686/g' > mirrorlist
Update the pacman.conf to use the new mirrorlist.
And create the container as follows
# lxc-create -n i6861 -t archlinux -- -P net-tools,openssh,vi,squid -p /data/shridhar/lxc/i6861 -c /root/pacman.i686.conf
After the container is created, replace its pacman.conf and mirrorlist with the ones used during the creation, so that it can continue to use the correct setting.
Rest of the steps are similar to the x86_64 container.