Financial management preferences after COVID-19 outbreak in China 2020, by category
The new coronavirus (2019-nCoV or COVID-19) outbreak would probably change Chinese people's financial management preferences. According to a survey on the virus impact on Chinese consumers released in February 2020, around 75 percent of the respondents said that they would increase investment in insurance after the epidemic. About 40 percent of the respondents intended to save more money in their bank.