Current:Home > FinanceAlgosensey|The Lunar New Year of the Dragon flames colorful festivities across Asian nations and communities -Global Capital Summit
Algosensey|The Lunar New Year of the Dragon flames colorful festivities across Asian nations and communities
PredictIQ Quantitative Think Tank Center View
Date:2025-04-09 14:58:51
TAIPEI,Algosensey Taiwan (AP) — With fireworks, feasts and red envelopes stuffed with cash for the kids, numerous Asian nations and overseas communities have welcomed Saturday the Lunar New Year.
It begins with the first new moon of the lunar calendar and ends 15 days later on the first full moon. The dates of the holiday vary slightly each year, falling between late January and mid-February as it is based on the cycles of the moon,
Festivities to mark the Year of the Dragon in Taiwan were marked by appearances by newly elected president Lai Ching-te and the speaker of the Legislature, Han Kuo-yu, who represents the opposition Nationalist Party that favors political unification with China.
In her address, Tsai said Taiwan faced a continuing conflict between “freedom and democracy versus authoritarianism” that “not only affects geopolitical stability, but also impacts the restructuring of global supply chains.”
“These past eight years, we have kept our promises and maintained the status quo. We have also shown our determination and strengthened our national defense,” Tsai, who is barred by term limits from seeking a third four-year term, said in reference to the self-governing island democracy’s close economic ties but fraught political relations with China which threatens to invade the island to realize its goal of bringing Taiwan and its high-tech economy under its control.
Taiwan, China and other areas saw highways clogged and flights fully booked as residents traveled home to visit family or took the approximately one-week holiday as an opportunity to vacation abroad.
Firing bottle rockets and other fireworks is a traditional way of welcoming the new year and seeing off any lingering bad memories. Children are given red envelopes stuffed with cash as a show of affection and to help them get a leg-up in the coming months.
Long lines of cars congested South Korean highways on Saturday as millions of people began leaving the densely populated Seoul capital region to visit relatives across the country for the Lunar New Year’s holiday.
Royal palaces and other tourist sites were also packed with visitors wearing the country’s colorful traditional “hanbok” flowing robes. Groups of aging North Korean refugees from the 1950-53 civil war, which remains unresolved, bowed northward during traditional family rituals held in the Southern border town of Paju.
The holiday came amid heightened tensions with North Korea, which has been ramping up its tests of weapons aimed at overwhelming regional missile defenses and issuing provocative threats of nuclear conflict with the South.
The South’s President Yoon Suk Yeol started the holiday by issuing a message of thanks to South Korean soldiers, saying that their services along the “frontline barbwires, sea and sky” were allowing the nation to enjoy the holidays.
Vietnam also celebrated the Lunar New Year, known there as Tet.
Parades and commemorations are also being held in cities with large Asian communities overseas, particularly in New York and San Francisco.
veryGood! (827)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Charles Melton Reveals the Diet That Helped Him Gain 40 Pounds for May December Role
- This Sweet Moment Between Princess Charlotte and Cousin Mia Tindall Takes the Crown
- As more Americans work or look for jobs, inflation is falling. How long will it last?
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- This Valentine's Day, let Sweethearts 'Situationship Boxes' have the awkward conversations
- Global wishes for 2024: Pay for family leave. Empower Black men. Respect rural voices
- 4 patients die after a fire breaks out at a hospital in northern Germany
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Nordstrom Quietly Put Tons of SKIMS Styles on Sale Up to 50% Off— Here's What I’m Shopping
Ranking
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- North Korea’s Kim orders increased production of mobile launch vehicles as tensions grow with US
- Mary Kay Letourneau's Ex-Husband Vili Fualaau Slams Ripoff May December Film
- 'The Bear,' 'Iron Claw' star Jeremy Allen White strips down to briefs in Calvin Klein campaign
- Intellectuals vs. The Internet
- Don Read, who led Montana to first national college football title, dies at 90
- Italian Premier Meloni says curbing migrant arrivals from Africa is about investment, not charity
- Mayor Eric Adams sues 17 charter bus companies for $700 million for transporting asylum seekers to NYC
Recommendation
Small twin
Trump's businesses got at least $7.8 million in foreign payments while he was president, House Democrats say
Golden Globes host Jo Koy would like a word with Steven Spielberg: 'I mean, come on, bro'
3-year-old Tennessee boy dies after being struck with a stray bullet on New Year's Eve
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Putin speeds up a citizenship path for foreigners who enlist in the Russian military
A top Hamas official, Saleh al-Arouri, is killed in Beirut blast
As Gerry and Theresa say 'I do,' a list of every Bachelor Nation couple still together