The greed is not on the part of the seller or the Chinese manufacturer, it is on the part of the US consumer who will demand cheap at any quality level. The sellers are just trying to keep their heads above water and the Chinese are simply manufacturing to American specs.
By the way, they cannot keep the better model in production at 20% more cost because Americans will not buy them - they will go for the cheapest price nearly every time. They would sell so few that each would effectively be a special order. We are ALL just trying to stay above water, and cheap parts are part of the equation.
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Today's Featured Article - Recollections of a John Deere GP - by Charlie Cook. I grew up on my dad's 280 acre general farm in Western Michigan. Dad's only tractor when I was very young was the old GP. My first recollection of this tractor was when dad allowed my brother and myself to ride on the tractor with him driving. One of us would sit on the left fender (away from the clutch) and other would sit on the gas tank and hold onto the crankcase breather pipe.
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