Check out Quangsheng planes, I haven't personally seen them, but from what I've read/heard, they're basically Lie Nielsen clones, without a quality loss.
This also sheds some light to the subject matter:
I think as a few people have stated it here, the "made in china" quality stereotype is part of a vicious circle, On one hand we've come to expect chinese products to be of lower quality/price, they in turn have satisfied those two parameters. However, when/if a higher end, highgher priced chinese product comes to market, we're skeptical about it.
I think that anyone that is in business has been thru this sort of problem at least once, if not daily. Client asks "how much will this cost?", we give a proposal for how we would do things, only to be met with "no, no, no, that's way to expensive, what if we cut out X Y znd Z?", you cut out X, Y and Z, and when the client sees the final product wonders "why are we missing X, Y and Z?"......