Symbolic New Year's gift becoming financial burden with passing time

SHANGHAI - For Chinese children, the arrival of Spring Festival brings with it cash-filled red envelopes, but the practice is putting strain on the wallets of adults.

"My annual bonus stayed in my pocket for less than a week before it went out in the form of red envelopes," said Huang Yijing, a 30-year-old nurse from Shanghai, who forked out at least 1,000 yuan ($160) each to her nephews and nieces and gave 500 yuan or more to her friends' children.