I am of the opinion that there are companies that manufacture crap in every country. At risk of causing an international incident I am posting this video.
Disclaimer: I have quite a few tools made in China, some machines I would never have been able to afford if not for Chinese imports. That said I know that what I have bought locally has a price and quality that is dependant on local suppliers.
I have imported things from China privately and having done due diligence been supplied fast with top quality items at a very reasonable price so do not take this as a condemnation of all made in China - they can and do produce some of the best stuff in the world which is why many German and Swiss companies have parts made in China.
No way would I want a Carpenter using one of these,(middle one),tape measures though.