That’s a fun item. I don’t know what the Chinese character might be, but there are three possibilities for dating:
1. That particular design was registered by Ray R. Hutcheson for Diecasters, Inc. of New York, NY on 16 December 1935 and granted for a term of 7 years on 18 Feb 1936. There was a later ‘crocodile’ version too.,, both produced as chrome-plated and they carry the relevant patent numbers. As far as I can tell, that design patent wasn’t renewed and so could have been copied by a Chinese manufacturer after expiry in early 1942. Certainly the design was copied by others in the 1950s but there was no formal trade between mainland China and the US after the Chinese revolution of 1949, so that would give you a narrow window between 1942-1949.
2. US trade with China resumed in the 1970s, so it could have been made after that (although the appearance suggests not). Also, by this time “China” had become the People’s Republic of China and the marks used for export generally reflected that change, rather than just using the single word “China”. So, I think that’s unlikely.
3. If it had been made prior to Hutcheson’s design patent registration and exported to the US then it would have had to be marked with more than just country of origin in English after 1914 (as per the McKinley Tariff Act). The Act additionally required the words “made in…” in English, although that part of the requirement wasn’t rigorously enforced until around 1921. The requirement for “made in…” was dropped in the 1930 revision to the Act. So, it could conceivably have been made in the windows between 1914 and 1921, or between 1930 and 1936. I think that’s also unlikely since Hutcheson shouldn’t have been able to get a design patent for an item which already had “prior art”, unless the design was exclusively his to begin with and simply hadn’t yet been registered.
My money would be on #1.