I received the Ganzo 704 (green) from Fasttech.com for US$16.72 (including the extra 50 cents for quicker air shipment). I have plenty of high quality American knives and I was duly impressed by the fit and finish on this particular Chinese model. It came sharp, centered and operated smoothly, without blade play.
Nevertheless, I took it apart for its first time cleaning/oiling and replaced the Teflon washers with bronze-phoshor. After a short break-in of these new washers, it was almost as smooth as from the factory.
The blade holds an edge well, so I have no reason to doubt the manufacturer's claims.
Overall, this is a very good knife and an incredible value at less than $17 delivered.
As for Intellectual Property, I have no issue here. Until someone can coherently present the facts as they relate to alleged Design Copyright, Design Patent, Industrial Patent, and/or Trademark infringements...I have to chuckle at these assertions. In my experience, I would never make such assertions unless I had the facts. What I can observe is that there is no obvious trademark usurp-age.
As for the rest, it's incumbent on the IP owner to assert its rights in civil court and or patent office. As the Chinese manufacturer is also reportedly a contract manufacturer for the American company, I find it hard to believe that this has not already been sorted out in contractual terms between these companies. IMO.