From my understanding China makes some of the best steel in the world. Nikon Digital cameras are made in China. China does make quality products.
China also makes crap including toys painted with lead paint and tools that injure you even if used properly. They have a huge reputation for making crap because that's what they ship to us in the U.S.
The problem is that sometimes the only thing available to buy is the Chinese crap. This is what pisses people like E. and I off.
I'm not prejudiced against the Chinese people. I mostly blame the problem on the U.S. government and the greed of U.S. companies outsourcing for cheap labor and the American consumer's desire for cheap products over quality. Of course I am probably getting political here.