In my experience, the stuff that the Chinese make for use in places like their equivalents of NASA or Boeing or McDonnell-Douglas, etc. is a heck of a lot different than the cheap crap that gets imported here. When you make things for space travel/exploration, price isn't the primary factor anymore like with the cheap exports.
The Chinese manufacturing base isn't as mature as ours, but they are able to fully utilize
today's technology to help them catch up. They not only have access to fora like this one to help them learn quicker, but also have many of the best companies from the U.S. And E.U. etc. pretty much giving their workforce free training and technological modernization. The pendulum has swung in their direction as far as prosperity and manufacturing, but that will in time swing back as they modernize and their standard of living begins to catch up with the rest of the world. Let's not forget that most of them aren't too far from living in sandals, walking down to the creek for a bath and crapping in a hole. Eventually they will no longer be a 2nd or 3rd world country. Then we'll have to worry about the next big one to step onto the ladder.