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According to the wording of the law for using the "Swiss Made" label, any watch could use Chinese parts as long as 51% of the value of the watch was made (parts) and/or done (labor) in Switzerland. The Geneva Seal denotes 100% made in Switzerland inside the canton of Geneva.
 

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Owned a C5 Malvern for a minute a couple years ago and would buy one again in a heartbeat. Did a brief comparison between it and the IWC Spitfire XV. The Spitfire won, but it should for the large price difference. If you're talking value, CW takes the cake.

 
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