Economic crisis tames Year of the Ox celebrations in Singapore

The video discusses the preparations and atmosphere of Chinese New Year, focusing on traditional foods and the bustling activity in Chinatowns. It highlights economic concerns, with store owners worried about low sales due to the recession. Singapore, the first Asian country to enter recession, faces rumors of job cuts post-festivities. Chinese astrologers predict tough times in the Year of the Ox, with some already experiencing economic hardships.

What is a popular seasonal delicacy during the Chinese New Year preparations?

• Pork jerky

• Spring rolls

• Grilled fish

• Rice cakes

Why are store owners in Singapore concerned during the Chinese New Year?

• Customers spending too little

• Shortage of products

• Lack of customers

• High cost of decorations

What action have store owners taken to attract more customers?

• Introduced new products

• Extended store hours

• Slashed prices significantly

• Offered free samples

Which country is mentioned as the first in Asia to enter a recession due to the global economic slump?

• China

• Japan

• Singapore

• South Korea

What do Chinese astrologers predict for the Year of the Ox?

• Tough times ahead

• Increased job opportunities

• Prosperous times

• Stable economy