Why China mobile phones are cheap

WHy china mobile phones are cheap ? I saw many guys using China phones with excellent features compare to price. Big touch screen,multi sim,mp4,mp3,video,still camera,TV, multiple batteries some time free addon memory cards?
With 1/4 cost of normal branded mobiles- China phones offering these many features.
Why branded mobiles not able to offer these many features? million $$$ question for me.
One of friend said China phones are not quality products but i saw many of my friends using them for all most year without any issues?
If you know anything about these china phone secret of it low price – please leave comment here.

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