Materials make a huge difference, better steel and better copper, the equipment and knowledge necessary to make them, equipment and knowledge necessary to know why a certain process or material was used, reverse-engineering is an art, and although the Chinese have an interest in selling to the 90% buyers, they don’t really care about that top 10% that is able to understand and detect the difference. I’ve owned a Yaqin tube amp, it was crap, even though the circuit design should have yielded good quality sound, because they either didn’t know or didn’t care about using high-quality materials and processes. Much like making a filament light-bulb for example, if everything looks and measures the same but there are impurities or irregularities in the tungsten filament then the light will burn out in a fraction of the time of the better quality lamp. Those who didn’t understand some of those factors and purchased or designed the cheap bulb just did what they knew. I’ve had so many similar experiences with far-east sourced components that were made wrong and unusable because the Chinese (etc.) casting/machining/molding/etc. company didn’t fully understand the design (thank you Purchasing for constantly wasting our time and money on trying to save pennies).
However I won’t disagree with you train, nothing but speculation based on parallel experience / extrapolation, no way to know without extensive testing and validation. Personally I’ll stick with what I know works, the “buy once cry once” is certainly a lesson I’ve learned in life and buying quality has served me well.