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Cutting back on Chinese New Year's?

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By Tara Kimura, CBCNews.ca

Banquet hall feast or cozy family get-together? Stuffed or slim red envelope? These are some questions Canadians considered leading up to Chinese New Year's.

CBC News' Lucy Lopez reports that while the Year of the Ox represents prosperity, many consumers are hoping to spend a little less this year.

"The customers are more picky about details like food quality and prices. It is not that easy to take even one penny out their pockets," said Yang Jing, marketing manager of Markham's Quanjude Peking Duck Restaurant.

Tell us how are you celebrating Chinese New Year's tonight? Are you splurging or saving?

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