A survey conducted in China in May 2020 about children's basic financial awareness revealed that according to the responding children, 36 percent of the parents of six years old children would decide for them what to buy without asking their opinion. When growing older, the children expressed their opinion more and parents would tend to let them decide more.
Children's gradual participation in making buying decisions in China as of May 2020, by age
Characteristic
Parents ask whether their child likes it before buying
Child decides whether he/she likes it and let their parents buy it
Parents decide it for their child
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DATA100 Insight, & hexun.com. (June 1, 2020). Children's gradual participation in making buying decisions in China as of May 2020, by age [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1134273/china-childrens-roles-in-making-own-spending-decisions/
DATA100 Insight, und hexun.com. "Children's gradual participation in making buying decisions in China as of May 2020, by age." Chart. June 1, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1134273/china-childrens-roles-in-making-own-spending-decisions/
DATA100 Insight, hexun.com. (2020). Children's gradual participation in making buying decisions in China as of May 2020, by age. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1134273/china-childrens-roles-in-making-own-spending-decisions/
DATA100 Insight, and hexun.com. "Children's Gradual Participation in Making Buying Decisions in China as of May 2020, by Age." Statista, Statista Inc., 1 Jun 2020, https://www.statista.com/statistics/1134273/china-childrens-roles-in-making-own-spending-decisions/
DATA100 Insight & hexun.com, Children's gradual participation in making buying decisions in China as of May 2020, by age Statista, https://www.statista.com/statistics/1134273/china-childrens-roles-in-making-own-spending-decisions/ (last visited August 25, 2024)
Children's gradual participation in making buying decisions in China as of May 2020, by age [Graph], DATA100 Insight, & hexun.com, June 1, 2020. [Online]. Available: https://www.statista.com/statistics/1134273/china-childrens-roles-in-making-own-spending-decisions/
