Happy Chinese New Year 2019 to all New Silk Road Monitor readers! Chinese New Year is big business for national and foreign firms. Here’s a round-up of some Chinese new year “Year of the Pig” business coverage.

To understand what the Chinese new year means to the national economy and to broader East Asia, check out this piece from CNBC last year

Some highlights from the CNBC piece below:

  • Lunar New Year, popularly known as Chinese New Year, means major spending across Asia on food, red packets and travel.
  • Red packets, which are gifts of money from married to unmarried people, have propelled the growth of China’s tech companies like Tencent.
  • The week-long holiday is a time for Chinese travelers to go on vacation, and 6.5 million Chinese holidaymakers are expected to travel abroad this week.





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