Sequins and dragons take over as the world celebrates Chinese New Year

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People celebrate the Chinese new year as they watch the traditional dragon-parade in the Liberdade Neighborhood  in Sao Paulo, Brazil.

People celebrate the Chinese new year as they watch the traditional dragon-parade in the Liberdade Neighborhood  in Sao Paulo, Brazil.

Image: Sipa USA via AP

The streets of cities from Sydney to Sao Paulo were flooded with drums, fire crackers and dancing dragons over the weekend as the world celebrated the Lunar New Year.

Known as Chinese New Year or the Spring Festival, the event is marked by parades and fireworks. In China, billions of people are expected to travel home for the holiday, which began on Jan. 28. 

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