Belated Happy Lunar New Year and I hope the NCoV didn't rained on you party too much. I understand the "pain".
Not just New Year's but pretty much every large annual gathering goes like this . It's basically a way for relatives to keep tabs on each other's current social/economic standing, whether someone's lagging (in which case you get "advise") or leaving them behind (in which case they'll simmer quietly while "being happy" for you LOL).