>>10946324China can produce quality as long as you pay money for it.
There's a balance between how much quality you want and how expensive it can get though. But with 99% of toys, you can max out that quality pretty cheaply and you'll see a negligible difference.
There really isn't a lot going on with the vast majority of toys. Just a lot of simple colored plastics, a few tampographs, and a lot of spray masking. Very cheap and standard across children toys to the majority of collector toys.
It's rare to see hand painting, shading, pre-shading, paint wipes and other expensive features, that would require more expensive quality control on modern toys. Paint wipes/dry brushing are the cheapest of the expensive features, but they usually have low QC.
And some companies who do have these expensive features cheap out on the plastics.
... and it should go without saying: most of the toys /toy/ talks about are made through high pressure injection molding. The most expensive thing about making a toy. There really is no market for cheaper methods, as it's just so ugly and/or fragile.
So most toy companies are cheaping out on the lesser expensive features and overcharging for them to make a good profit.