Last week marked the Chinese New Year, also known as the Lunar New Year or the Spring Festival, opening up the Year of the Goat.
This celebration is the most important event of all the traditional Chinese festivals, and is accompanied by a holiday that brings the entire country to a standstill. In fact, millions of workers have travelled to the coastal areas to their home towns and villages to celebrate with their families. Many will be taking 30 days or even more, which means that the production plants will not be getting back to normal until mid March. This situation, although with far less impact, repeats itself in countries such as Vietnam or Korea, where the New Year is also celebrated according to the lunar calendar.
Interatlantic would like to send our best wishes to all our companions, customers and suppliers in these countries.