Today marks the beginning of the Chinese New Year. According to the 12 year cycle in Chinese tradition, this year is known as The Year of the Ox. As noted today in Tim Johnson’s China Rising blog (part of the McClatchy newspaper blogs): “The coming year is the year of the ‘niu,’ or ox. Since ‘niu’ is pronounced almost like new, it has become de rigeur in China to wish everyone a Happy Niu Year.”
Given the acceleration of the global economic downturn in 2008, some may say the Year of the Ox (2009) – replacing the Year of the Rat (2008) – comes none too soon.
Separately, read about an organization arranging visits of Chinese business groups in the U.S., including a visit with FEI. Read more here.