Please don't step too far over the line and confuse manufacturing discernment with ethnic or racial bias. I know plenty of Chinese people who won't buy made in China goods, including my own wife! Of course, in certain categories, esp electronics, there is no choice; they hold a near monopoly.
Chinese tools are utterly wretched compared to Euro or former US alternatives. That I know extremely well, probably far better than anyone else on this forum. But there simply are no more US power tool manufacturers, except for two which are foreign owned - Bosch and Makita, which both have big plants near Atlanta, as well as plants in other countries (even in China, Makita has dedicated plants; in other words, they don't outsource; but their US and Japanese made products are superior). In terms of drill bits, tooling, saw blades, etc, there is generally an even worse disparity in quality. A drill bit made in Austria will outlast a Chinese equivalent 500 times longer. But the same was once said about Taiwanese mfg, and they've come a long ways since.