I am of the opinion that you get what you pay for.
No doubt that some makes of chucks and many other tools can be very good quality to almost scrap ‘quality’ Variable quality from many makers in far eastern countries. Just means “buyer beware.” Even well respected big names sub out their goods to far eastern manufacturers and in my opinion, risk their reputations.
Some of my cheap tools have proved to be excellent.
One no name cheap digital caliper isn’t too reliable but the expensive Mitutoyo one is very good.
I have 2 large drill chucks, one by a very famous name that holds quite small no. size drills. It is ‘ beaten’ by the CVA one which holds much smaller ones down to, I think, no.51.