The two independent states were created this week in 1947.
Most of the fireworks exploding in the U.S. skies this weekend will have come from China, the world's largest producer and exporter.
Slideshow: the latest observation of a colorful festival stretching back 2,000 years.
Amidst face paint, fireworks and festivities, countries around Asia rejoice at the beginning of a new year.
Two people pause in front of twinkling Christmas lights in Tokyo, Japan on Decmeber 11, 2012. (lestaylorphoto/Flickr)