The Chinese New Year and its Impact on Cash Demand
Guillaume Lepecq
January 29, 2025
The Chinese New Year, celebrated globally, is marked by the tradition of giving red envelopes filled with money, symbolizing good luck and prosperity. This custom leads to a significant surge in cash demand, prompting financial institutions to implement innovative solutions to distribute the red envelopes. The fusion of tradition with modern banking practices highlights the dynamic nature of this cultural celebration.
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