红包 red packets (cash wrapped up in red paper,symbolize fortune and wealth in the coming
year.)
压岁钱 gift money; money given to children as a lunar New Year gift.
Culture Note:In the old days,New Year's money was given in the form of one hundred copper coins strung together on a red string and symbolized the hope that one would live to be a hundred years old.Today,money is placed inside red envelopes in denominations considered auspicious and given to represent luck and wealth.
