For me, these things are the tip of an iceberg visible to us only from this side of the Pacific:
The Japanese domestic market is neck-deep in Fender-ish basses, whether the real thing from Fender Japan to any of many outright copies (who are anywhere from screw-counter lawsuit perfect to ridiculously cheap) to the many variations built from a bolt-neck, Fender-style platform (like Bacchus, Moon, Atelier Z, etc.).
And Fender doesn't help things along, either. Lots of 'American' Fenders are actually built by Fender Japan and sold here in their American lineup without a lot of attention being paid where they were built: The Marcus Miller basses are in this category as were the SRV Strats, for instance.
For me in general, I don't get real shook up about Fenders: You can screw one together on the kitchen table, that's the charm of them for me. And I've seen too many Squiers or more modest Fenders that were a small mod or two away from being every bit as good as a big-ticket one, I'd never pay big money for one. Not necessary for me. I'd just as soon have a Squier or MexFender that suited me, hot-rod it just a little, sell it later and break even or make money on it, and save the grand or two by not buying an American Deluxe or Custom Shop axe.
But that's me.
J o e y