The Lunar New Year is China’s peak pork consuming season, as it is seen as a symbol of wealth. Photo: Reuters
The Lunar New Year is China’s peak pork consuming season, as it is seen as a symbol of wealth. Photo: Reuters

Explainer |
Explained: The economic importance of China’s Lunar New Year as the Year of the Rat begins

  • Known as the Spring Festival or Lunar New Year, the Year of the Rat began on Friday with family reunions across the world’s most populous nation
  • The outbreak of the Wuhan coronavirus, though, has complicated one of the planet’s greatest migrations and could hit revenues for retail sales and at the box office

The Lunar New Year is China’s peak pork consuming season, as it is seen as a symbol of wealth. Photo: Reuters
The Lunar New Year is China’s peak pork consuming season, as it is seen as a symbol of wealth. Photo: Reuters
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