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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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 November 23, 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 November 23, 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: November 23, 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 November 23, 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/