I don't know what the situation is in other parts of the world, but Europe is being flooded by cheap Chinese products. This is what's behind it. If you, as a company in Europe, want to manufacture and sell products, they have to comply with EU rules. There are all kinds of institutions that test products and you will find their logos or abbrevations on all consumer goods. You have C E, TÜV, VDE, STIVZO, ABE, there are lots of them. Other institutions shield the consumer market from products made by forced labour (Uyghurs), child labour, etc. Even when companies like Philips have products made in China, they have to comply with EU rules. Consumers so have certainty the products are safe, comply with legislation, come with instructions for use and offer warranty. In Europe a product sold without warranty, is considered to be a non product. China has found a way around this and has been exploiting this loophole for years now. If there's no European brand involved, you can order whatever directly from China through platforms like Aliexpress, Temu* and Shein, even when the products do not comply with European standards. If they have a brand at all, the name can change overnight and there's no guarantee whatsoever The result is a flood of products that are unsafe and can cause fires (multiple cases with phat bikes). Most products from China won't live long. Chinese enterpreneurs are not interested in establishing a brand, let alone a reputation; they are in for the quick run, more like gamblers.
Europe has just begun to fight this flood of products which have in common that they are not worth the packaging they come in: it's just a waste of raw materials. China knows that in the West people can be addicted to buying stuff to fight of depressions.
There's nothing wrong with a product manufactured in China as long as the mother company like Philips, is behind it. If not, it's a gamble, wild west.
For my needs, there are plenty products I can choose from that comply with rules, are safe and come with clear instructions and have a warranty. What else could I want?
* Breaking news!!! This morning Temu offices have been raided by the EU on suspicion of state support.