What about all those Chinese DACs?

Some sound good others don't.  Some can be modded (by those who know what they're doing) to create a very nice DAC.  

I have two Chinese DACs that were modded by a manufacturer in VERY limited quantities for friends.  They are quite nice but not up to the best quality cost-no-object units.  

Sometimes, you pay your money and take your chances.

Under $1k Chinese DACs are hard to beat.

Even the American made DACs are using Chinese parts.

Once you get up to $5k or so critical listeners will find the Chinese DACs have some competition.

I haven’t owned any five figure DACs, but I wouldn’t trade my WiiM Ultra (I use the internal DAC) for any other I’ve heard/owned below $6K.

Then there’s the fact that most speakers are unworthy of anything pricier than a Chi-Fi DAC.

I've had the Denafrips Terminator-Plus for nearly 5 years now and it's been terrific.  Now that Denafrips has a repair facility in TX., I won't be concerned about getting it repaired if for some reason down the line, it fails.  I also have a WiiM Ultra, which is a streamer/DAC and it sounds really good, but can't sonically beat the Terminator-Plus.  The Terminator-Plus was more than 10X the price of the WiiM Ultra and IMHO, isn't 10X the better, sonically.  The differences while noticeable are subtle.  Chi-Fi has come a long way in the last 5 years...