1. Chinese New Year, or Lunar New Year, is a festival celebrated annually on the traditional Chinese calendar depending on the sighting of the new moon. 2. It begins with the first new moon that appears between January 21 and February 20 and spans the first 15 days of the first month of the lunar calendar – until the full moon arrives. 3. In the People’s Republic of China, the occasion is referred to as the “Spring Festival”; however, “Chinese New Year” remains the official name in Taiwan. 4. The...

New Year holidays are a real challenge for the budget. Some people spend a lot of money on gifts, some have grand feasts or choose travelling, though it is a busy season and prices for hotels and flights are high. The obvious way to save on holidays is to ignore them. However, if you want to chill out and get rid of the boredom of weekends, you will have to spend more than usual. We've prepared some rules for those, who want to celebrate the New Year without causing any damage to the budget. Fresh...