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Hongbao places financial burden on New Year celebrations

By Yang Yao | China Daily | Updated: 2013-02-18 08:04

Hongbao places financial burden on New Year celebrations

Parents are under pressure to give more lucky money to their children during Spring Festival, and face the challenge of teaching them about financial management. Liu Junfeng / for China Daily

Pu, 27, who works in Beijing earning a monthly income of 4,500 yuan ($720), has drained his savings by returning to his home in Penglai, a county in Shandong province, for Chinese Lunar New Year.

Hongbao places financial burden on New Year celebrations

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