Cheap high quality tooling

Hi Guys, I have been purchasing Chinese tooling since late last year and I'm pretty impressed with the quality, not to mention the price. My last purchase was for a batch of taper shank twist drills and machine reamers. These were all HSS (600 grade I think from memory). Just to give you an idea of pricing structures, the largest drill that I ordered was a 50mm with a number 4 morse taper. This came in at US$48.00 plus about US$50.00 for the freight component. You can pretty much double the price by the time it's landed here. Just to get a comparison I rang up Sutton and asked for a price on a 50mm TSTD and they came back with AUD$677.00 plus GST. That was list price and they told me that I could probably get a discount from one of their distributors. I then thought how much would the raw material cost for a drill of this size so I rang up Bohler in Dandenong. They quoted me $152.00 plus GST for a 300mm length of 50mm dia HSS. What hope do we have here.

Other items that I've bought direct include: ISO tips. Average, $35.00 per pack, a set of tapered pin reamers. Twelve in the set. US$68.00 plus freight. Keyway broaches and a 40 position QCTP. Everything that I've purchased so far has been great quality.