Chinese around the world will be wearing lots of red today, to celebrate the Lunar New Year marking the end of the disaster-filled Year of the Rabbit and to usher in a new year with more prosperity. January 23 begins the Year of the Dragon, which should bring relief following 2011, which was foreseen by the Chinese calendar as a very bad year.
Source: Chinese New Year Offers Hope and Prosperity in Year of the Dragon – Good News Network
Project 17 Blog 