The Chinese are very good manufacturers ..... You only have to look at anything, actually everything manufactured in the world today and the chances are it was sourced from China or built on machines sourced from China.
Truth be known .... those "chinks" as you say are probally making the Leupolds, assembling them, and shipping them for Leupold.
Interesting too that Leupold doesn't own it's copyright in China..... someone else does.
Cheers
Pete
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