Some Chinese tools are fine, but many of them are awful. I talk regularly with manufacturer types, even the raw materials(like steel or aluminum) that come from china can be super suspect.
It's basic economic warfare. China said "screw you, we will make okay enough things at a cheap price so your country loses all of its actual expertise and trades people work at call centers while manufacturing becomes entirely controlled by another country. We will do this at the cost of millions of our citizens for the greater good. Every design sent to us will be replicated and sold for less. Meanwhile we will send our young to your schools to get educated on how to do this better than you, half of PhD students are foreign nationals, and even if they stayed in the US there's no jobs".
Paying the piper in this regard is inevitable. As a country we encouraged everyone to take quick cost saving measures for decades. Germany and many other countries have not Basically our hope is we can cheaply wiggle free by "AI", and not hiring trained experts to do jobs with care and lower the costs by cutting regulations.
We sold every part of everything that mattered to get ahead short term not paying attention to the debt accrued.