I never liked Walmart, either, they come into small towns and run out small businesses. I'm not as worried about the made in China part, but only because it seems like everything from everywhere is at least made partly in China.
JT, I think our ammo supply is safe (for now), but they are getting rid of any firearms or parts that they deem "tactical" (I.E. AR-related). No rail sections, stocks, slings, certain optics, etc. The pic rail covers are about the only thing that hasn't been red-tagged yet.