2020 Chinese New Year is upon us!

UPDATE: Chinese New Year has officially been extended to end on February 13, 2020 due to the Coronavirus outbreak currently happening in China. Factories and other businesses will remain closed through most of the following week unless other factors intervene to expedite the reopening of business in the nation. We’ll bring more information as it develops.

On January 25th, factories, shippers, and everyone else in China will shut down for a two-week celebration of their New Year and remaining shut until February 8, 2020. This year marks the restart of the Chinese zodiac with the first animal, the Rat. With such a broad shut down of services, there is typically a bump in imports from China so the inventory on had can last the duration, however this year, that bump has been minimal as trade tensions caused front-loading earlier in 2019 that’s kept stock on shelves.

The Rat is the first animal in the Chinese Zodiac, as the legend tells. The Jade Emperor planned a party and invited a rat, ox, tiger, rabbit, dragon, snake, horse, goat, monkey, rooster, dog, and pig to attend. The order in which they arrived is their order in the zodiac, with the rat being first because it hitched a ride on the ox but jumped down, arriving first.

People born in the Year of the Rat are industrious, clever, stubborn, adaptable organized and excellent team players. They make good engineers and architects as natural builders and able workers in a large group.

The Year of the Rat doesn’t typically bring much luck to those born in the year of the rat, but 2020 is predicted to be more auspicious for careers and rewards, though health and love may be a struggle. Lucky things for those born in the Year of the Rat are:

  • Colors: blue, gold, and green
  • Numbers: 2 and 3
  • Time of day: midnight
  • Flowers: Lily and African Violet
  • Directions: Northeast and Southeast

We at Edward J. Zarach & Associates will keep an auspicious eye on the import situation before and after Chinese New Year to report back on whether the bump in imports came late this year or not at all.