It’s still not that bad of a knife for being China. Honestly, it’s pretty strong.
Some Chinese made knives are excellent. Though, I'd be skeptical of a "Snap-On" knife if I'm honest. Seems you'd be likely paying a significant premium for the name printed on the side of it rather than the tool or materials, in this case. I very highly recommend Civivi knives. I recently bought a Civivi Lumi, was $50, you get excellent fit/finish, micarta scales, ceramic bearings, and 14C28N steel. Phenomenal for the money. Sitivian Knives are excellent as well. They're pretty much all in the $25-$30 price range, and either have D2 or 14C28N for the most part.
This is the Lumi. I actually bought 2 of them and swapped the scales. They dont offer Micarta scales with an uncoated blade. So just bought two and made it happen anyways.

