Actually, the company I worked for had a couple Chinese magnet suppliers, one in particular*, that were simply better than any other US supplier (except one US supplier that was maybe as good, but way overpriced even compared to other US suppliers.)
*This one did some of their own research into advanced formulations and processes. I was duly impressed.
This is not “typical”, but it does happen.
I’ve also seen very good original products from quality minded firms in China with Western management and a mix of Western & Chinese engineers: Not every creative idea came from the Westerners...
Thank you for that info. I still find them disturbing tho.