A lot of knives made in China are really bad, a lot of them are all right... I haven't seen any that are really great. I do think though that if you let the origin of a tool determine what you think of it, the criteria you're using to judge it probably doesn't have much do with, "Can it do the job?" Appreciation of good craftsmanship, well made products and materials is one thing, but if a dollar-store Chinese hammer drives a nail just as well I can't really say that the $20 premium American-made tool is miles above in performance--craftsmanship, durability, etc. might have some disparity still, but if it gets the job done it gets the job done. If it comes to ideas of, "Oh, well, the dollar-store hammer might fall apart or come back and hit you in the face," I just think that's a bunch of FUD.
Chances are if there was a forum for butter knife enthusiasts, there would people there to claim the Chinese counter-parts didn't spread as well.