Maybe not literally Chinese.. But factory made yes. Which is in no way bad at all, it ensures perfect fits and such.
You havn't smoked out of it yet, but i'm sure it will smoke great. All you gotta do is read up about setting up and getting your bowl going and you'll be set.
The spheres on the stem will not affect the performance in any way, they are purely aesthetic, and i think it looks pretty nice.
What exactly do you mean by "peel wrapper from the stem"?