Each year, Chinese people ring in the new year around when the new moon is closest to the beginning of spring, usually sometime between mid-January and late-February. Although China officially uses the international Gregorian calendar, the traditional lunisolar calendar remains a symbol to harken the start of spring. According to the Chinese calendar, we are entering the Year of the Rooster in Here are five things to know about the zodiac sign:. Each year, the Chinese calendar assigns an animal from a rotating zodiac of 12 animals. The 12 animals cycle through rat, ox, tiger, rabbit, dragon, snake, horse, goat, monkey, rooster, dog and pig.
Chinese New Year
Chinese New Year spending grows 10%, the lowest since - Nikkei Asian Review
Stock market turbulence caps growth while travel and e-commerce gain. It was the weakest spending growth for the New Year period since , as a real estate slowdown and stock market turbulence ahead of the holidays may have left investors feeling less wealthy than in the past. Holiday spending further cemented the shift from brick and mortar stores to online sites. It also showed more Chinese opting to go on leisure trips instead of spending the week in their hometowns.
Wednesday marks the first day of the day Spring Festival, featuring family celebrations, special meals, and even superstitions such as wearing red underwear. The Lunar New Year, known as "Tet" in Vietnam, is also the busiest time of year for fortune tellers and feng shui experts. There will be more peace talks," he said. Lo predicted it would be a good year economically, with oil, energy, skin care, cosmetics and entertainment companies all expected to do well.
Chinese New Year [a] or generally referred to as Lunar New Year globally is the Chinese festival that celebrates the beginning of a new year on the traditional Chinese calendar. Observances traditionally take place from the evening preceding the first day of the year to the Lantern Festival , held on the 15th day of the year. The first day of Chinese New Year begins on the new moon that appears between 21 January and 20 February. Chinese New Year is associated with several myths and customs.