Yeah, they do.

Looks a lot like a Sprite except for the drop bars. Looks like a steel rear brake caliper and I think most of the Taiwanese ones used Weinmann, but I don't know that for sure. Also, the Taiwanese ones I've seen don't say Nottingham on the head badge. Again, I'm not sure about all Taiwanese Raleighs.

No, it's not a great bike -- bordering on not even being good -- but bikes of similar vintage and quality can be decent and serviceable bikes. It's not really very much more crappy than a Raleigh Sports and I've got a garage full of those and I heart me some Sports.