Staff Reporters
Feb 26, 2020

China's consumer optimism persists amid outbreak: Wavemaker research

Chinese consumers remain hopeful, are still spending money, and are ready to spend more as soon as they're released from the COVID-19 lockdown, according to fresh research from Wavemaker.

(Shutterstock)
(Shutterstock)

More than three quarters of Chinese consumers are feeling optimistic about the impact of the COVID-19 outbreak, 68% report that they haven't decreased spending amid the crisis, and people are ready to spend on a variety of activities when the crisis ends, which they expect to happen within three months.

All of that is according to a just-released Wavemaker survey of more than 4000 consumers across China, performed during February. A few highlights of the survey findings appear below. You can read Wavemaker's full report, which also pulls in data from other sources along with the media agency's recommendations, here

This article is filed under...
Top of the Charts: Highlights of recent and relevant research

 

Source:
Campaign Asia

Follow us

Top news, insights and analysis every weekday

Sign up for Campaign Bulletins

Related Articles

Just Published

9 hours ago

GroupM Southeast Asia CEO Himanshu Shekhar exits

Based out of Indonesia, Shekhar, a key figure in GroupM's regional growth, is leaving the agency after 25 years.

9 hours ago

'The truth doesn't take sides': BBC’s global news chief

In an era where algorithms reward outrage and newsrooms rush to take sides, the business case for impartial journalism faces its toughest test yet. BBC's Jonathan Munro unpacks whether swimming against the tide still makes strategic sense.

10 hours ago

40 Under 40 2024: Rudy Khaw, AirAsia

Khaw’s journey from brand executive to CEO is a culmination of his visionary leadership, business acumen, and commitment to inclusivity—reshaping AirAsia as a leading global brand.

10 hours ago

Hakuhodo and DY Media Partners merge in Japan

The two entities will merge by April 2025, uniting creative and media operations to form a 4,601-strong advertising powerhouse. Here's what it means for the advertising landscape.