Chinese New Year; Festival

As China goes on holiday for Lunar New Year, business and cultural impact felt globally

February 18, 2015

HONG KONG – Decades ago the Chinese New Year holiday, also known as Spring Festival, had little impact outside of China. But as the country gained outsized economic influence, the holiday, which has enormous cultural significance in the Chinese-speaking world, has become more prominent. This is how it ripples around the world. — FACTORY FREEZE Chinese factories shut down for the holiday and then some, with hundreds of millions of...

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