Many Chinese follow tradition and get a haircut on the second day of the second lunar month, called Longtaitou - which means " raising the dragon's head" - hoping it will bring good luck.

BEIJING – Shops peddling two-yuan (40 Singapore cents) bread, three-yuan all-you-can-eat porridge and 10-yuan haircuts are popping up all over China to cater to the thrifty, as the Chinese fret ...