I think you will be happy with that bike.
I am not convinced that Chinese bikes really are cheaper in the long run. I have noticed that Japanese bikes retain very high resale values in the Phils. Whereas Chinese bikes depreciate a lot. I sold a Chinese bike after a little over a year of ownership for P20T less than the new price. A similar Yamaha might fetch only P5T to P10T off the new price after a year.