"Quality" is only one factor in the equation.
The Chinese economy does not work anything like it does in the West. If you're a manufacturer or large business operator, it is a given that you are either a member of the Chinese National Communist Party, or one of their flunkies. That being said, you will enjoy a competitive advantage over other nations. And what happens to all that capital, not to mention stolen intellectual property, flowing into China? A lot of it benefits other Chinese national agendas, such as aerospace and digital tech.
Every penny you spend on a "made in China" product, directly or indirectly benefits this oppressive regime. So, is saving a couple bucks worth it to support totalitarianism?
Would your grandfather have bought "Made in Nazi Germany" to avoid those "outrageous" pre-war prices on a 44 Second Model Hand Ejector? And, if he did, would we have any right to complain about how "they don't make 'em like they used to."?

I was in Cabela's earlier today looking for a top quality one piece cleaning rod. They had a Tipton carbon fibre rod, a Hoppe's stainless steel rod, and a Dewey coated rod. The first two had cheesy plastic handles and lousy bearings. The Dewey just felt more professional. Not surprisingly, the Dewey was the only one made in the USA. So, arguments aside as to what rod material is best, the choice was easy for me. Sure, it was a good chunk of change. But, not one commie made a nickel off of it!

Jim