Probably not Chinses assembled most probable built in Belarus but the engine from my opinion is most definitely Chinses built looking identical to that used in the newer Megelli 250M LC
http://www.minsk-moto.com/erx_250
http://www.bikehk.com/Report/2011/r4512/?page=4&logo=no
Attachment 7213
European Leo-Vince Exhaust
European Acerbis Plastics
Chinese Engine
Chinese Fastace Suspension