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Perhaps not the proudest moments of Swiss watchmaking, but not faked in any way.
It is some version of Bettlach caliber EB802x.
http://www.christophlorenz.de/watch/movements/e/eb/eb_8027.php?l=en
I have seen other "divers watches" from the 70s using these. They are fully serviceable and possible to make run relatively precise.
👍
Nothing wrong with Chinese watches I guess? I have none, but at their best I've been told they can produce decent movements.
The watch in question has a Swiss movement, but also a very cheap one.