Chinese New Year?s beginnings are buried in folklore. According to one myth, a monster by the name of Nian (literally, ?Year?) used to attack villagers at the start of every new year. Red, flashing lights, and loud noises were employed to scare the monster away since such things frightened the creature. Firecrackers, fireworks, red clothing. And decorations are frequently used in celebrations to herald in the new year and bring luck and wealth. Money is presented to children in eye-catching red envelopes. Chinese New Year is also a time for feasting and visiting relatives. Many holiday customs pay homage to departed family members.