Lunar New Year celebrations: Money worries force Chinese to scale back

It’s holiday season in China as close to one and a half billion people celebrate Lunar New Year. China’s leaders are hoping they’ll be going on a spending spree to give a much needed boost to the world’s second largest economy. Al Jazeera’s Barnaby Lo reports from Beijing, China. Dan Wang is Chief Economist at Hang Seng Bank. She explains more about this. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #China #LunarNewYear #ChineseNewYear #ChinaEconomy #GDP #Beijing #AlJazeeraEnglish