For large portions of the world, China-made is fine for many things, and made in the USA isn't really seen as a particular mark of quality (sorry chaps, just the way it is for rest of the planet)

FWIW my NRA slippie is China-made (via benchmade I think) and it works great.


On the point of inexpensive v cheap, the Mora is a great example, and intended usage is a really key point. I keep a pair of folding pliers on my key ring - cheap and cheerful, do what I need, better than using my fingers for a lot of things. But in the car I keep decent full size pliers, because if I need them then, I know I'm really going to want them to stand up to hard work.

If all you want to do is change a plug and open envelopes, the cheap multitool will probably be fine. Might not be the right choice as a primary tool for a backpacking trip though :-)