In truth, American Industry outsourced all the production, handing them out technology, and building their factories for them, to save a buck on labour and environmental cost in a country that is in effect fascist.

They work them 6-12's, 6 days a week, 12 hours a day. They outlawed that schedule a while back, for show, they are still forced to work it. They dump their pollution, they have no worker protections, not for unemployment, nor for injury.

Many of their workers aren't residents of the cities they work and live in, they are illegal in their own country. They can be fired, cheated, beat up/arrested/thrown out of town on their employer's word.

So I appreciate you are trying to respect other cultures, I would suggest not to respect the culture of the authorities ruling with their boot on the neck of their exploited workforce though. Chinese workers won't thank you for it, not in truth though they can't say it, because the aforementioned fascist government, unless they are on a vpn, of which I have talked to some actually.

Now, to get back to it, yes, Wall Street is ultimately responsible. But China is complicit and also responsible, sacrificing current generations for their future ruling class' suzerainty.

As I said, declining quality was bad before the 90's and getting worse. Shit from 2008 was NOT good quality, even if it's worse now. I have tools from the 70's that still work, and new stuff, for decades, can break the first moderate usage.