Chinese steel - Is it worse than other steels?

I am very aware that there are scattering spots of high quality workmanship in China as well as being aware that the younger Chinese folks are actively trying to establish some sort of quality control and it shows in some areas.

That being said, I just have a few issues that I do not like:

A. American Corporations abandoning high quality control standards, thus no longer having any loyalty to the true meaning of "Made in America" that defined the early days of the 1900's
B. I don't like the fact that China is in ways destroying their own traditions and history for sake of Corporations needs and demands (As an American, I apologize that the Corporations came into your country and destroyed ways of life, etc)
C. Since China has millions of Chinese living there, it's fairly easy to hide a slave workforce and advertise it as something else right under the nose of the Chinese middle class (as well as everyone else other than the victims)
D. China is well known for taking shortcuts in the metal making industry as is evident from everyone's comments. But that's not the only place they're taking shortcuts. http://www.economist.com/news/china...earch-leading-academic-fraud-looks-good-paper
E. Since D is happening, that has a wide spread effect that includes the metallurgy industry within China which encourages people to try and make a quick buck.

To me, there is an irony in all this. As much as I hate it that the American Corporations pretty much abandoned American high standards and expectations for a product in name of durability via leaving America for cheaper labor forces and shady business practices, the American corporations still ended up imposing their American expectations and standards to help control the quality of the product. If it was not for Kershaw's high expectations of what Knives should be and enforced it, the Chinese would find a way to get around it and cheap out some other ways with the metal stock piles.

I simply felt that the whole situation with China overall is at a level that I cannot accept and thus do my hardest to not give them my money. That is, until the younger chinese generations rises up and confronts the government...but that's another story, a story Morrow does not want started in here.
 
The problem with chinese steel is the credibility of the manufacturer who makes them. What is written on paper doesn't mean it is correct :-(
 
Well, I can only comment on the SanRenMu 710 I have as well as a couple of AG Russell knives that use Chinese steel. All
are first class in edge retention and cutting ability and I can find nothing to complain about. A couple of posters have mentioned
the issue of trusting whom you buy from; if it is offered by A G Russell there is nothing to worry about as his warranty will cover
any dissatisfaction.
 
Im sure its luck on my part, I bought a extremely cheap spiderman folder from a tobacco shop to practice sharpening tiny 3" blades (im accustomed to 12" kitchen blades) and it simply says china 440 but the blade itself is fantastic! Sharpens quick and holds wide bevels quite easily, frame broke though. But I really like the blade....
 
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