I remember this same machine being offered here in the UK by Chester Machine Tools about 20 years ago or more. It isn't a clone of the Emco Super 11, although the Far East do make a lathe closely based on the Super 11 which is listed as the South Bend Heavy 10 on the Grizzly website.
Chester Machine Tools called their version of Owens machine the Champion lathe, and I think the lathe on its own was around £600 back then if I remember correctly. The milling head is the same as that on Chesters old Champion milling machine with a 4 speed belt drive, round column and a tilting head operated by a gear and cranking handle. I can recall visiting a Model Engineering Exibition all those years ago, at Donnington I think, and Chester had the lathe on display fitted with the Champion milling head just like Owens.
I remember the lathe is a little unusual in having a single vee and flat guideway shared by the saddle and tailstock, and the deep bed casting is the same depth from end to end with no space or reduction in depth between the mounting feet, so it should be quite ridged for its size.