I am certainly with you on that. I was no less than heartbroken when my favorite tool manufacturers started making their tools in China. It started with hand tools; names of tools I grew up with were suddenly gone for a while, then back, but different. We were suspicious and didn't want trouble on site. We were PROHIBITED from using non USA made tools! Fine with me. I grew up in Military Town USA (nickname for San Antonio, TX), and you didn't have any German tools, Japanese tools, Italian tools, or any tools from countries we fought in the past. No one cared about China as they weren't a factor then.
Over the years I watched Rockwell, Delta, Powermatic, Buffalo, and and others go away. Then they came back from foreign (mostly Chinese) manufacture. I couldn't believe it. Then DeWalt. Then the industrial line of Black and Decker that was made here. Stanley moved out a lot of its manufacturing. Plumb hammers and hatchets went to China. Then the lowest, heartbreaking shot... Milwaukee. I was a real fan and as a starting carpenter in the mid 70s put a ton of money into their tools as they were just the best tools in my eyes. Made from American parts, assembled and warranted here in the USA. Then when they make their comeback, China? Really? I quit buying their tools and still won't today.
I wish it weren't so, but I am kind of numb to the whole Chinese issue now. When I need what I consider consumables to run my company such as saw blades, drill bits, extension cords, hand tools, hammers, levels, nails, screws, drivers, and on a on, they are all made in China. And the powered hand tools themselves are all from China unless I quadruple (or more) the price and buy German.
But what holds true for my tools holds true for my knives. I buy good tools (sadly, still made in China) that are well built enough to stand job site hard use conditions and still get a lifetime warranty. So good products can be made if requested or required by a vendor. Likewise, no doubt in my mind that as we see an excellent knife can be made by the Chinese, steel included. Just like anything else, gotta pay for it. One shouldn't whine because their $40 Chinese D2 doesn't meet their expectations.
Robert