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在线翻译:
szdaily -> In depth -> 
Chinese tighten belt for Lunar New Year celebrations
    2015-02-17  08:53    Shenzhen Daily

    BECAUSE of the slowdown in the Chinese economy, residents of China are being more austere for their celebration of the forthcoming 2015 Lunar New Year on Thursday.

    Sellers of fireworks report a decline in sales, while Chinese are buying less pork in the lead-up to the New Year even if prices of the commodity has gone down instead of up as it traditionally did the past years, reports the Economic Times.

    Pork prices tend to rise in the month before the holiday. But this year, according to official data, they slipped, albeit marginally, to 24.8 yuan (US$4) per kilogram in January from 24.9 yuan in December. “Usually corporate gifts include pork products like dried meat but that has declined significantly this year,” said Pan Chenjun, a senior analyst at Rabobank.

    Other analysts said record levels of pork production in 2014 also kept prices under pressure.

    Bookings for the Lunar New Year Eve dinner tomorrow are as high as ever, according to Zhu Xiaochao, media manager for Xiao Nan Guo Restaurants, which serve Shanghainese food in 80 restaurants across China. Customers, however, were opting for cheaper set menus.

    China’s e-commerce king, Alibaba Group Holding Ltd., this year opted not to give its employees red envelopes that contain bonus cash, known by the Chinese name hongbao.

    On the Internet, some bloggers in China complained about their pathetic New Year packets. “Our company gave me a bonus — three boxes of apples to share between six people, what is this!” said Weibo user Duzuo Chitang.

    (SD-Agencies)

    

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