60% of Chinese Women Control Their Household’s Finances, Report Finds

chinese woman counting

The 2016 Women Financial Management Report finds that majority of Chinese women were found to control or manage their family’s finances.

Based on the report of 10,000 questionnaires, their varied responsibilities made them self-positioning in living arrangements, household consumption expenditure and purchase of insurance, as well as other money-related decisions.

They were also more conservative than men when it comes to investments. Their entries in the stock market, real estate and other assets were found to be relatively poor.

The report was a joint effort of hexun.com, tongbanjie.com and Alibaba’s Ali Research, according to Next Shark.

Additionally, the report also says that women were financially smarter.

Written by FunnyMalaysia

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