Certainly don't think that all stuff made in the East is rubbish. I also have an Axminster (AT1628VS) and it is incredibly well made, and been going without problems for 5/6 years now.
I do look at some of the other brands and wonder though, although Record I have always thought looked reasonable. I suppose it is quite easy for a duff batch of components to slip through, when making large numbers of machines. Good on Power though for getting on top of it quickly.
John