xCrxMoV series steels would be the chinese equivalent to Japanese xAUS series or US 420-440x series steals...
It's not an "exact" cross over comparrison as there are slight variances between alloying elements which change the properties from one to another, but in a nutshell, these are all basically in the same class of steel and have very similar make-ups and properties;
3cr - 420j2
5cr15mov - aus4 - 420hc
7cr15mov - aus6 - 440a
8cr13mov - aus8 - 440b
9cr18mov - aus10 - 440c
So in and of themselves, they aren't necessarily "bad" steels for what they are, none of them are, but, when you factor in the integrity of the steel manufacturer; who's melting the metal? Are they making what they say they are with consistent tolerances from batch to batch? Integrity of the product manufacturer; is the knife company consistent in their demands of said steel source, and consistent in their own manufacturing processes to turn out a consistent product, and offer/stand-by their company warranty if a lemon slips through the process? And integrity of the heat treat; any steel can become trash if not properly heat treated, so is the company heat treating the product reputable and consistent in their processes to provide the ideal edge integrity, toughness, and corrosion resistence levels that the desired steel is intended to be able to achieve?
example: 420hc used by Buck, heat treated by Bos' proprietary technique, is still "only" 420hc and so the limits are evident by the steel matrix itself, but it is also a time tested proven consistent product that is some of, if not the best 420hc steel you'll find in a knife blade, and the warranty offered by Buck is top notch!
9cr18mov from Schrade/(Taylor Cutlery), I've had sharpen up nicely and hold that edge with much respect to other higher end knives, I've also had it roll and chip with little effort, plus their warranty dept. can be a bit frustrating... and not a knock on Schrade either, it is what it is, and they're selling sub $20 knives by the ship load, and they are what they are. Just the nature of the business...