The Taiwanese make good tools. 
People are misguided saying that it is China in general that make poor quality tools or any item really.
It's actually the fault of the companies that allow the tools and products the Chinese make to be sold. I have some fantastic high quality tools from China. And its all because the American company that contracts the tool to be made only specifies and accepts a certain quality.
So instead of blaming China, blame the company that contracts for the tools and gives the Chinese factories poor specifications to match. It's all in the hands of the tool company. The factories get away with what they are allowed to so they can make the most money and I can't blame them. I can blame the companies that accept these tools and then allow them to be sold.
Now as far as the Chinese government manipulating currency and changing the rules to have an unfair advantage verse other nations, yeah it's bull crap and the USA probably should not deal with them or let China sell their product here. But the fact remains it is our American companies that are going there and actually American products made by the Chinese that is the huge issue. Maybe US citizens should not deal with these companies. Again, it's the tool or product company, not the Chinese sub contractors that are at fault for the poor products. These US and or Canadian, etc companies don't have to accept the poor products and they do not have to sell the crap.
I'll say it one more time, it's not the Chinese people or their factories, but the companies(whether American, Canadian, whatever) that use them that are the issue. These companies need to bump up the standards they accept. The Chinese will make what they are contracted to make. I am tired of these companies blaming the Chinese, they need to take responsibility and not use them if its the issue or force the Chinese to get up to standard. I blame the tool manufacturer!