What are the gift-giving etiquette and the related taboos?

Generally speaking, presents are given at Chinese festivals, birthdays, weddings, and the housewarmings.
A banquet is a most acceptable gift commonly.
Do remember to present gifts with two hands.
Do not open the gifts when received.
Do not present the following gifts to Chinese as they are associated with death: clocks, straw sandals, a stork or crane.
Do not send pears and umbrella as gifts to lovers or couples because the pronunciation of the “pear” and “umbrella” sound like “separation” in Chinese.
Do not give scissors, knives and other cutting utensils to Chinese friends since they have the implication of cutting off relationship.

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