According to a survey on consumer behavior during coronavirus outbreak conducted by Rakuten Insight in April 2020, panic buying was not common in China. A majority of those Chinese respondents who had stocked up on groceries said that they felt safe after stockpiling. The same survey found that 31.5 percent of panic buying in the country happened on e-commerce platforms.
Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in China as of April 2020
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Share of respondents
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Rakuten Insight. (May 8, 2020). Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in China as of April 2020 [Graph]. In Statista. Retrieved July 28, 2024, from https://www.statista.com/statistics/1117939/china-sense-of-security-from-panic-buying-during-coronavirus-covid-19/
Rakuten Insight. "Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in China as of April 2020." Chart. May 8, 2020. Statista. Accessed July 28, 2024. https://www.statista.com/statistics/1117939/china-sense-of-security-from-panic-buying-during-coronavirus-covid-19/
Rakuten Insight. (2020). Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in China as of April 2020. Statista. Statista Inc.. Accessed: July 28, 2024. https://www.statista.com/statistics/1117939/china-sense-of-security-from-panic-buying-during-coronavirus-covid-19/
Rakuten Insight. "Share of Respondents Who Felt Safe from Stockpiling Groceries during The Coronavirus (Covid-19) Pandemic in China as of April 2020." Statista, Statista Inc., 8 May 2020, https://www.statista.com/statistics/1117939/china-sense-of-security-from-panic-buying-during-coronavirus-covid-19/
Rakuten Insight, Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in China as of April 2020 Statista, https://www.statista.com/statistics/1117939/china-sense-of-security-from-panic-buying-during-coronavirus-covid-19/ (last visited July 28, 2024)
Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in China as of April 2020 [Graph], Rakuten Insight, May 8, 2020. [Online]. Available: https://www.statista.com/statistics/1117939/china-sense-of-security-from-panic-buying-during-coronavirus-covid-19/