Economic hardship affects Lunar New Year celebrations in China

People shop for decorations at a market in Fuyang, in China’s eastern Anhui Province, Jan. 22, 2025, in the buildup to celebrations of the Lunar New Year. Many Chinese are cutting back on Spring Festival expenses because of the stressed economy.

The Lunar New Year, also called the Chinese New Year or the Spring Festival in China, is traditionally celebrated with tables piled with food and red envelopes filled with cash for children.