dont be put off just by the fact that they are made in china. china has some of the most skilled workers in the world. the reason made in china products get such a bad wrap is because the chinese companies make products to the standards that western countries ask them to. so if the western company decides they are going to get their products made with inferior materials to save some cash, they inevitably fall apart.
one good example is caribee backpacks whose products were always manufactured in asia (sure it is china but could be wrong), and for a long time they made some of the best bags around. then they started skimping on materials to maximise profits, and they went to sh*t. My girlfriend bought one about 7 or 8 years ago and its still going strong. i tried buying on about 3 years ago because hers had lasted so long, and mine fell apart in a few week. had it replaced on warranty and it happened again. Both made in the same place by the same people, just different standards in quality.
in the case of the bike, i dont know. could be awesome, could be crap. its worth trying to find out to what standards they are building the bikes. how you might find that out, i have no idea...