Lunar New Year, the most important holiday in Chinese culture, falls on 10 February this year.
On Lunar New Year and the autumn harvest holiday Chuseok, the entire country takes part in ancestor rites.
All in all, China's Lunar New Year is shaping up to be a Leaner New Year.
Firecrackers can be heard on the island at all hours during the 15-day Lunar New Year period.
Markets in Hong Kong, Taipei and Shanghai, among others, remained closed for the Lunar New Year holidays.
Dealers attribute it to the advent of Lunar New Year in China and wedding season in India.
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Or did more workers than expected return to its production lines after the Lunar New Year break?
She added that the Lunar New Year also affected the import numbers as companies restock ahead of the celebrations.
Most Asian markets were closed for the Lunar New Year holiday, while Japan was shut for National Foundation Day.
Department stores and supermarkets reported that sales over the lunar new year holiday were 10-20% higher than in 2008.
After a one-month quarantine, the pandas are expected to make their debut in Taiwan during the Chinese lunar new year.
The giving of gifts, often to gain favour with officials, is common during lunar new year, which begins next week.
Fireworks are traditionally set off in China to celebrate the Lunar New Year, which is just over a week away.
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The Lunar New Year is celebrated in many countries, most notably in China, and holiday times usually mean less physical demand.
The company has never produced Lunar New Year special editions before, but it has carried its Serpenti line since the 1960s.
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The vibrant community puts on its own Lunar New Year parade on 16 February starting at Union Street and 39th Avenue at 11 am.
Most Asian markets were closed Monday for the Lunar New Year celebration.
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In addition, Lunar New Year holidays in China are expected to make for relatively thin and cautious trading over the next few days.
Chinese markets will be closed all next week for the Lunar New Year holidays, while Hong Kong will be dark Monday through Wednesday.
However, some analysts said that the figures for January were distorted by the change in the timing of the Chinese Lunar New Year.
As the Chinese start preparing for the lunar new year by ancient tradition a time for debts to be settled the money may grow tight.
In 1990, the company began producing the preserved fruits and vegetables used to make the traditional Lunar New Year dish of Yu Sheng.
In addition, the Lunar New Year holiday, which essentially shut down the country for a week in January, was a temporary brake on demand.
The Foreign Ministry did not immediately respond to faxed requests for comment on Tuesday, a public holiday in China marking the Lunar New Year.
The World Luxury Association, when it reported the Mainland spending plunge during the lunar new year period, stated that purchases by Chinese overseas rose 18%.
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Just before the lunar new year the government announced unprecedented one-off payments totalling 9.7 billion yuan to 74m people living close to the poverty line.
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China is on holiday all week for the Lunar New Year.
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The Lunar New Year celebration is occurring this week in Asia.
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