The Lunar New Year is the most important and the longest of all Chinese festivals, celebrated by Chinese communities throughout the world. Dragon and lion dances are performed, and there are acrobatic demonstrations and much beating of gongs. An ancient custom is giving red packets of money called hung-pao or lai see to children. In most Asian countries, people return to work after the fourth or fifth day of celebration. In Taiwan, New Year’s Eve, New Year’s Day, and the two days following are public holidays—government offices and most businesses are closed. Discuss
Source: The Free Dictionary