I'm not too sure that being Chinese necessarily means they other bits would let you down, but in the case of this Loncin 250 it could certainly be true. But the fact is that you could buy a Suzuki GS 500 and have a VERY good idea of the reliability of the bike from MANY accounts from other owners - the Loncin is a bit more of an unknown commodity.
I wouldn't assume that I'd get trouble free motoring just because I'd bought a new bike - plenty of people have bought new bikes or cars and had nothing but a string of breakdowns and endless headaches.
I also wouldn't assume that a bike WOULD be trouble just because it is Chinese and cheap but I wouldn't be daft enough to buy it assuming it WOULDN'T give me problems. The tricky part is knowing whether it is worth buying or not - there really isn't much of a track record for such a new brand.
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