Chinese New Year (CNY) is an important time of year for many people in China. Much like the Christmas holiday in the U.S., it is a time for celebration and family, though on a larger scale. It’s the largest Chinese holiday of the year, and business calendars in the country reflect that.
If you have ever outsourced product from China or utilized a supply chain that extends overseas, you have likely at least heard of the impact the holiday can have on the manufacturing industry. But for those that have ever wondered why the impact occurs, we’d like to give you a bit of insight into Chinese New Year.
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