World
China Holiday Makes Business, Cultural Waves Around World

A performer from Taiwan dressed as the “Third Prince” poses for a photograph in front of the sheep decorations during the rehearsal of International Chinese New Year Night Parade in Hong Kong Wednesday, Feb. 18, 2015. Decades ago the Chinese New Year holiday, also known as Spring Festival, had little impact outside of China. But as the country has gained outsized economic influence, the holiday, which has enormous cultural significance in the Chinese-speaking world, has become more prominent. (AP Photo/Kin Cheung)
KELVIN CHAN, AP Business Writer
HONG KONG (AP) — Decades ago the Chinese New Year holiday, also known as Spring Festival, had little impact outside of China. But as the country gained outsized economic influence, the holiday, which has enormous cultural significance in the Chinese-speaking world, has become more prominent. This is how it ripples around the world.
— FACTORY FREEZE
Chinese factories shut down for the holiday and then some, with hundreds of millions of migrant workers heading to their hometowns, part of the world’s largest mass movement of people. In the lead up to the holiday, factories run flat out to fill orders before shutting. The holiday itself runs from Feb. 18 to 24 this year, but workers start setting off as much as two weeks earlier on packed trains and buses. After the holiday they may take the same amount of time to return, or not. The holiday is a prime occasion to switch jobs.
It all means an annual headache for retailers and importers overseas who rely on China. Shipping companies warn customers that China’s transport and logistics networks are at capacity and their shipments must be at ports two weeks ahead of the holiday to stand a chance of getting on a boat before the country shuts down. This year, shipping delays are compounded by a slowdown at U.S. West Coast ports.
— QUIET MARKETS
Stock market trading shudders to a halt as mainland China shuts for an entire week and financial hubs such as Hong Kong and Singapore take a break as well, albeit shorter. Numerous other countries including South Korea and Vietnam also observe Lunar New Year holidays. Muslim majority Malaysia and Indonesia, with large Chinese minorities, take holidays too.
Trading volumes “drop off considerably” about three working days before the start of the holiday, said Andrew Sullivan, managing director at Haitong Securities in Hong Kong. This year, Friday was “the last day that you can sell in Hong Kong and get your money before Chinese New Year” under trading settlement rules, he said. Foreign investors also tend to wind down trading in Asia as the holiday nears, Sullivan said.
— GLOBAL SHOPPING
The festival is traditionally the most important time of the year for family reunions, but as China has become prosperous, an increasing number of wealthy Chinese are opting to travel abroad. That translates into big business for global luxury brands. Many British department stores, for example, are pulling out all the stops to woo mainland Chinese shoppers. (Designer handbags, watches and jewelry can be up to 30 percent cheaper in Europe because of high luxury taxes in China.)
Harrods is selling its own brand of red envelopes traditionally used to give “lai see,” or lucky money. Selfridges and luxury brand Burberry are each offering cards and envelopes personalized with Chinese calligraphy. Designer label Vivienne Westwood has launched a collectors’ necklace featuring a sheep pendant. Shoppers at Fortnum & Mason paying with UnionPay cards — China’s homegrown payment network — will get bonus gifts.
Chinese spending in Britain last February jumped 23 percent over the same month in 2012, said Gordon Clark, manager at Global Blue, a Switzerland-based firm that tracks luxury retail spending worldwide. Chinese shoppers spend an average 739 pounds ($1,137) per transaction in Britain each February, mostly on luxury jewelry, watches and designer clothes.
— ECONOMIC DISTORTION
Because the Lunar New Year never falls on the same date, it plays havoc with Chinese economic data at the start of the year. Economists are cautious not to read too much into figures from January or February, and prefer to wait until March to see the trends lest they make an incorrect interpretation of the world’s second-biggest economy. Last year, the holiday started on the last day of January which meant activity was more compressed as factories rushed to get their orders out the door. This year, the holiday falls about two and half weeks later, so factories had more time to work on orders. The result is that this year’s January trade data, for example, was artificially weak.
“We always warn about the CNY effect and the risk of reading too much into these figures at this time of year,” said Julian Evans-Pritchard of Capital Economics. “This affects most of the data out of China in January and February as well headline export growth in countries such as Korea that are heavily dependent on the Chinese market.”
— CHINESE ABROAD
The holiday is celebrated by Chinese communities around the world. In San Francisco, where about one in five residents is of Chinese descent, the celebration is stretched over a few weeks, with fairs, beauty queens, bazaars, lion dances and deafening firecrackers in Chinatown. The festivities culminate in the San Francisco Chinatown Chinese New Year Parade, complete with feisty 270-foot-long (82 meters) dragon. It’s such a big deal that schools close for the holiday.
Pius Lee, chairman of the city’s Chinatown Neighborhood Association, said its Chinese New Year celebrations resemble those in Hong Kong and Shanghai, especially the parades and family reunions where food is abundant and children get red envelopes filled with crisp “lucky” dollar bills.
But unlike in China, San Francisco workers will take just two or three days off, said Lee. “We can’t follow China’s system because the cost of shutting down for many days here is a lot higher than in China,” he said. Lee said many grocery stores and other shops close for two or three days but a handful remain open to tend to the tourists who flock to the downtown neighborhood for a glimpse of China.
The festivities have also embraced foreign culture. For example, the traditional red envelopes, usually decorated with gold Chinese letters, are sold by Chinatown merchants with pictures of Pokemon and Disney characters.
New York dazzled crowds with a 20-minute fireworks display Tuesday over the Hudson River organized by the China Central Academy of Fine Arts, which said it was the first time the holiday had its first major celebration outside of China.
— HOLIDAY SURPRISE
Just because it’s a holiday doesn’t mean there won’t be any major surprises. Chinese officials are notorious for releasing big news during important holidays, unexpected announcements that “hit you with your pants down unprepared,” said Francis Lun, CEO of GEO Securities. The timing may be an attempt to reduce the impact on financial markets, or for the more skeptical, to bury bad news. In 2011, the central bank raised interest rates at the tail end of Chinese New Year.
___
Associated Press writers Kristin J. Bender and Olga R. Rodriguez in San Francisco, Sylvia Hui in London and Cara Anna in New York contributed to this report.
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Activism
Newsom, Pelosi Welcome Election of First American Pope; Call for Unity and Compassion
“In his first address, he reminded us that God loves each and every person,” said Newsom. “We trust that he will shepherd us through the best of the Church’s teachings: to respect human dignity, care for the poor, and wish for the common good of us all.” Newsom also expressed hope that the pontiff’s leadership would serve as a unifying force in a time of global instability.

By Bo Tefu, California Black Media
Gov. Gavin Newsom and First Partner Jennifer Siebel Newsom on May 8 issued a statement congratulating Pope Leo XIV on his historic election as the first American to lead the Catholic Church.
The announcement has drawn widespread reaction from U.S. leaders, including former House Speaker Nancy Pelosi, who called the moment spiritually significant and aligned with the values of service and social justice.
In their statement, the Newsoms expressed hope that the newly elected pope would guide the Church with a focus on compassion, dignity, and care for the most vulnerable. Newsom said he and the First Partner joined others around the world in celebrating the milestone and were encouraged by the pope’s first message.
“In his first address, he reminded us that God loves each and every person,” said Newsom. “We trust that he will shepherd us through the best of the Church’s teachings: to respect human dignity, care for the poor, and wish for the common good of us all.”
Newsom also expressed hope that the pontiff’s leadership would serve as a unifying force in a time of global instability.
“May he remind us that our better angels are not far away — they’re always within us, waiting to be heard,” he said.
Pelosi, a devout Catholic, also welcomed the pope’s election and noted his symbolic connection to earlier church leaders who championed workers’ rights and social equality.
“It is heartening that His Holiness continued the blessing that Pope Francis gave on Easter Sunday: ‘God loves everyone. Evil will not prevail,’” said Pelosi.
Activism
Retired Bay Area Journalist Finds Success in Paris with Black History Tours
In the late 90s, Stevenson finally realized her dream of living in Paris, now with her daughter. She started exploring the history of Africans in the city and would go on to teach others the same. Her business, which she named Black Paris Tours (BPT), received a significant boost when a family friend gave her a stack of cash and encouraged her to expand on the knowledge that she had only started to share with people she knew.

By Post Staff
There were two things Oakland-born, East Palo Alto-raised Ricki Stevenson always dreamed of:
- Going to New York as a newscaster to tell the true story of Blacks in America.
- Living and working in Paris one day.
Her dreams of life in Paris began when she was three years old and her mother, a former professional dancer, took her to see Josephine Baker perform. She was 11 when her parents took her to the Stanford University campus to meet James Baldwin, who was speaking about his book, “The Fire Next Time.” Ricki says that’s when she knew she’d one day live in Paris, “the city of light!”
But before that would ever happen, she had a tumultuous career as a newscaster across the country that was inspired by her family’s history.
Stevenson recalls marching with Cesar Chavez as he fought for labor rights for farm workers in California.
“Are we Mexican too?” she asked her parents. “No, but we will fight for everyone’s human rights,” they responded to her.
Ironically, Ricki’s paternal family roots went back to Greenwood, Oklahoma, infamous for the 1921 bombing of Black Wall Street. A time when Black people had oil wells, banks, and a thriving business community.
This background would propel her into a 25-year journalism career that gave her the opportunity to interview greats like President Jimmy Carter, PLO leader Yassir Arafat, James Baldwin, Rev. Jesse Jackson, UN Ambassador Andrew Young, Miriam Makeba, and the leaders of South African liberation movements.
A job offer from KCBS radio brought her back to the Bay Area in the 1980s. Then came the switch to TV when she was hired as a Silicon Valley business reporter with KSTS TV, working at the first Black-owned television station in northern CA (created and owned by John Douglas). Along the way, Stevenson worked as an entertainment reporter with BET; coproduced, with her disc jockey brother Isaac, a Bay Area show called “Magic Number Video;” lived in Saudi Arabia; worked as an international travel reporter with News Travel Network; and worked at KRON TV a news anchor and talk show host.
In 1997, Stevenson realized her dream of living in Paris with her young daughter, Dedie. She started exploring the history of Africans in the city and would go on to teach others the same. Her business, which she named Black Paris Tours (BPT), received a significant boost when a family friend, Admiral Robert Toney put a chunk of money in her hand. He said, “Ricki, my wife and I have been coming to Paris for 20 years, but in just two days with you and Dedie, we’ve learned and seen more than we ever did before.”
Years after BPT took off, Ricki met Nawo Carol Crawford and Miguel Overton Guerra, who she recruited as senior scholar guides for Black Paris Tours.
Guerra says he is proud of his work with Black Paris Tours in that it provides a wealth of information about the rich legacy of African and African American history and influence in Paris and Europe.
“I tend to have a feeling for history always being a means of a reference point backwards … you start to understand the history, that it isn’t just the United States, that it began with African people,” Guerra says.
He said that it’s been a pleasure to watch people learn something they didn’t know before and to take them through the city to key points in Black history, like hangout spots for writers like Baldwin and Richard Wright, restaurants in the busiest parts of Paris, the home of Josephine Baker and so much more.
Although the tours are open to all, Guerra hopes that those of African descent from all over the world can embrace that they don’t have to just stay where they are because movies and media have portrayed cities like Paris to be only white, it’s multicultural and accepting to all.
“We’ve been here, and we’ve been there, going way back when. And we shouldn’t be considered or consider ourselves to be strangers in any place that we go to,” he said.
Stevenson notes they’ve had 150,000 people take their tour over the years, with notables like former NFL quarterback Colin Kaepernick, Smokey Robinson, Steve Harvey, Miriam Makeba, and more.
Friends and former media colleagues of Stevenson compliment the BPT crew on their knowledge of the city and their ability to always keep it interesting.
“He [Guerra] just had a deep, deep wealth of knowledge and he was constantly supplanting information with historical facts and the like. I love that it was demonstrating and showing how Black people have thrived in Paris or contributed to the culture in Paris,” Candice Francis said.
She toured in the summer of 2022 and stated that in the two weeks that they visited Paris, BPT was the highlight of her trip. She shared that she was proud of Stevenson and the life she’d managed to manifest and build for herself.
“Even if you’re visiting Paris for the tenth time, if you haven’t taken the tour, then by all means, take it,” Francis emphasized.
Magaly Muñoz, Gay Plair and Paul Cobb also contributed to this story. You can book your own adventure with Black Paris Tours at www.blackparistour.com.
Activism
COMMENTARY: Will a Dictator’s Loss Change Trump’s Tune?
What’s happened in Syria has the potential of reshaping the politics of the entire Middle East. The U.S. can’t afford to sit back and do nothing. Now is the time to exert peaceful, diplomatic influence on how Syria maintains stability and goes forward with a new democracy.

By Emil Guillermo
In our polarized country, half of America can’t wait, while many of us still wonder, “where’s Kamala?”
I hope President-elect Trump — who famously said during the campaign that he’d be a dictator on day one — eats his words.
Dictators aren’t doing so well these days.
Last weekend, the dictator Bashar al-Assad was run out of Syria and sought exile with his puppet master/dictator Vladimir Putin of Russia. In just about two weeks, a coalition of rebels applied enough pressure to end a family regime in Syria that lasted 50 years.
al-Assad’s wealthy family dictatorship plundered Syria and ruled in terror.
It sounds all too familiar to Filipino Americans, many of whom came to the U.S. fleeing the Philippine dictator Ferdinand Marcos.
al-Assad’s end was different from the Filipinos who forged a peaceful People Power movement that chased the Marcos family to Hawaii where they sought refuge from their U.S. puppet handlers.
But as in Manila, there was cheering on the streets of Syria. Men, women, and children. Christian, Muslims, different sects and ethnicities, all united against al-Assad.
al-Assad has been described as a genocidal narco-trafficking tyrant, whose friends were America’s biggest enemies, Iran, Hezbollah, and Russia, said Mouaz Moustafa, the executive director of the Syrian Emergency Task Force, on CNN.
Moustafa said it was amazing that there would be no more Russian airstrikes, no more al-Assad gulags torturing civilians. “To see good triumph over evil is an amazing thing,” he added.
But last weekend has some trickle down.
Consider that we are talking about al-Assad, the one Tulsi Gabbard consorted with and hyped to her colleagues when she was in Congress. Now Assad has been shamed into exile with his puppet master Russia, and Gabbard wants to be the U.S. director of national security? Given her wrongheaded judgment on al-Assad, can she be trusted with any national secrets?
It’s still not over in Syria, as now there will be a scramble to see what kind of governing democracy emerges.
Predictably, Donald Trump has said, “The United States should have nothing to do with it. This is not our fight. Let it play out. Do not get involved.”
Nouveau isolationism?
What’s happened in Syria has the potential of reshaping the politics of the entire Middle East. The U.S. can’t afford to sit back and do nothing. Now is the time to exert peaceful, diplomatic influence on how Syria maintains stability and goes forward with a new democracy.
Overall, the ouster of the dictator should give Trump pause.
If by nominating MAGA loyalists like Gabbard, Pete Hegseth and Kash Patel, Trump’s testing the evolution to strongman rule in the U.S., he should consider what happened before last weekend.
In South Korea, a weak president tried to declare martial law and was voted down by Parliament. That’s a faux strongman.
Let’s hope Trump learns a lesson from the week’s news.
The next president sets the tone for a politics that’s already toxic.
He needs to remember the joy in Syria this week when an autocrat was dumped in the name of freedom and democracy.
About the Author
Emil Guillermo is an award-winning Bay Area journalist. His commentaries are on YouTube.com/@emilamok1. Or join him at www.patreon.com/emilamok
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