Indeed. I have a set of awesome cheap-ass 195/50R15 Nankang NS1's on my Civic and they're going strong. They'e chinese made, and a mate of mine reckons they go as well as the Falken's that they are an imitation of. At 60% the price probably - they cost my $150 each.
Anyway, don't be so quick to write off Taiwanese and Chinese stuff, sure some is crap, but they make a hell of a lot of important equipment there now, and do a good job at some stuff. There are good taiwwanese companies and bad ones - it's not fair to lump the entire country's industry into one category!
Having said that, I did snap my taiwanese made mountainbike chain today and am looking for someone to blame...