I've been doing some digging and have a couple of resources for you to check.
Have a look here to read up on what appears to be if not an outright scam, at least some questionable business practice.
http://www.searchengineforums.com/ap...d::1154540945/
If you're really concerned, find an accredited domain registrar in China and buy through someone else.
I went to ICANN, and they don't have anyone on their list, so they suggested I go to IANA.org and check their list here:
http://www.iana.org/root-whois/index.html.
From there I found CNNIC, the Chinese Domain Authority. They have an English version of the site, and a list of accredited registrars.
Whatever you do, don't reply, they will probably sell your email to a spammer.
Chris