You may have noticed if you attend a large or private university that there is a correlation between cars that are unusually high-end or flashy for a college campus and Chinese foreign exchange students. It may be a stereotype, but it’s a relatively harmless one and one that certainly seems to have a basis in fact, or at least anecdotes. I was interested to find out more about this because it’s not as though Chinese-native foreign exchange students are inherently wealthier than any other foreign exchange students, or that China has a particular culture of extravagant spending. You can read the articles for yourself, but apparently part of it has to do with how much cheaper these cars are here than in China; the students justify the purchase at such a young age by the fact that, even with their families’ wealth, this may be their only chance to own such a car.

And the effects of the perception: