Explainer: What is red packet for Chinese Lunar New Year and what's in it?

Red envelopes: you see them around every Chinese New Year. Cantonese speakers call them “lai see,” and Mandarin speakers call them “hong bao.” But what exactly goes into them? Here we share some basics about how much money goes into a red envelope, how phones are changing the way we share New Year’s money, and other rules of Chinese money gifting.