Chinese New Year!!!

Chinese New Year, known in China as Spring Festival , is the most important of the traditional Chinese holiday. It is sometimes called the Lunar New Year, especially by people outside China. The festival traditionally begins on the first day of the first lunar month in the Chinese Calendar and ends on the 15th; this day is called Lantern Festival . Chinese New Year's Eve is known as Chúxī, It literally means "Year-pass Eve".

Celebrated in areas with large populations of ethnic Chinese, Chinese New Year is considered a major holiday for the Chinese and has had influence on the new year celebrations of its geographic neighbours, as well as cultures with whom the Chinese have had extensive interaction. These include Taiwanese, Koreans, Mongolians, Nepalese, Bhutanese, Vietnamese, and formerly the Japanese before 1873. In Singapore, Indonesia, Malasya, the Philipines, Thailand, and other countries with significant Chinese populations, Chinese New Year is also celebrated, largely by overseas Chinese, and has, to varying degrees, become part of the traditional culture of these countries. In Canada, although Chinese New Year is not an official holiday, many ethnic Chinese hold large celebrations and Canada Post issues New Year's themed stamps in domestic and international rates.

Chinese New Year is observed as a public holiday in a number of countries and territories where a sizable Chinese population resides. Since Chinese New Year falls on different dates on the Gregorian calendar every year on different days of the week, some of these governments opt to shift working days in order to accommodate a longer public holiday. Also like many other countries in the world, a statutory holiday is added on the following work day when the New Year falls on a weekend.
It is also important to understand that informal celebrations, which may span a period of several weeks before and after the official holidays, are the time when many businesses operate in 'holiday mode', and generally aren't the time for making decisions or business negotiations.