This opens up a few thoughts from me as I have been around for a few years . . .
The "cheap Chi-com" crap" label people put on Harbor Freight reminds me of the "cheap Jap crap" label put on Japanese products back in the 1960s and 1970s. In those days many of our guys had fought the Japanese in World War II and wouldn't buy a Japanese-made product if their life depended on it. In the early years the Japanese stuff was poorly and cheaply made as they got their decimated economy and production back together after the war, but they kept after it with a stubborn resolve. By the 1970s their quality was beginning to equal and in many cases surpass the USA-made products. In the 1980s Japanese products flooded the USA and their quality was superb. By the end of the 1980s Americans were beginning to panic that the Japanese were outproducing the USA and were making so much money they were buying up US companies and prime real estate. Then the inevitable happened. The high-flying Japanese economy faltered and crashed. Japan is now just another industrialized country like others in the world and its competitive edge has waned.
The Chinese are now going through the same cycle. In fact, I see it at the "1980s" equivalent of the Japanese cycle. I find many of their once cheap and poorly made products are now the equal of any available and at a price that is a steal at the moment. Yes, there are still some cheap and poorly made items, but they are becoming fewer and fewer. Keep in mind the USA also produces some bummers these days as they and every other country has for eons. Soon though the Chinese economy will vastly overheat as the Japanese economy did in the late 1980s and a big recession will ensue. In fact, it appears it may be beginning now. Pressure will be on to improve wages and living conditions in China and these pressures (which are present now) will force their prices to rise. Give it some time and the Chinese will soon be in the same situation as the Japanese in the early 1990s and their price competitive edge will have eased and will eventually peter out.
Then it will be the Indians, the Brazilians, and maybe even the North Koreans given time. Who knows.
What I do know is for those of us who can examine a Chinese-made product and see quality and a bargain in it should take advantage of it now, for in a few years there will probably be no more Chinese-made bargains. Have you found many Japanese-made bargains much any more?
Planeman
P.S. I also propose that we should convince the unions in the USA that they should immediately take on unionizing the Chinese work force. The unions appear to be very oriented toward socialistic and even Communist ideology and should have much in common with the Chinese leadership and bureaucracy. It would certainly speed along the rise in Chinese production costs and ease our trade deficits with China.
