Blue, your hypothesis on quality of raw materials in Chinese rubber goods is somewhat weakened by the assumption that the processes applied at the Peoples Big Joy Condom Recycling and Social Reeducation Cooperative include the removal of--uh, how to put this--foreign material.
Have you ever had a set of those Chinese boots in your hand? The stuff they're made from is a little stiffer than foam, but not much. Ethanol may not do them much good, but they'd fail early on alky-free gas anyway.