This is a traditional Chinese celebration that is celebrated in China, Korea, Singapore, Mongolia, Tibet, Vietnam, and in Asian communities worldwide celebration that goes on from February 1st till the 15th. The festivals that occur are meant to push the old year out and bring in the new year with prosperity and good luck.
This year is the year of the tiger. The tiger is one of the animals in the Chinese zodiac. The tiger represents bravery and strength.
For more information about the Lunar New Year, please visit https://www.bbc.com/news/world-60153348, or https://www.chinahighlights.com/travelguide/chinese-zodiac/tiger.htm.