In recent years, many Chinese people travel abroad and buy luxury goods. Chanel, Hermes, Louis Vuitton and other luxury goods are all included, and they buy them in large quantities. Chinese students are often seen speeding in luxurious sports cars. In the United States, Europe, Canada, and Australia, such things are common. It gives the impression that Chinese people are all very rich. Recently, the People’s Bank of China announced that by the end of 2020, the balance of domestic household savings in the
