The official site has a new page dedicated to the 2008 Canthan New Year's Celebration. Running from Friday, February 8th through Monday, February 11th, here's some of what is in store for players:

• Every festival has a variety of problems that must be solved by enterprising young adventurers. Supplies of everything from red dye to fireworks (both used to frighten off the nian) will inevitably run low. And, speaking of the nian, you never know when, or where, these festival-hating creatures might attack.
• For those who want a preview of the coming year, the fortune teller will peer into your future and provide you with a very real, and legally binding, fortune. Whether your destiny bodes well or ill, it will certainly follow you into the world beyond Shing Jea.

Head to the link above to read about more events and the special bonus items and prizes to be had this weekend.