No, Ducati is not offering a new, ultra-exclusive variant of the 1098 called the SPACE RANGER. They should, but that's besides the point. The point is that Suzuki is apparently a stakeholder in the company that makes this 300cc ode to Ducati's superbike.
China has a long, proud tradition of ripping off iconic designs and selling them at bargain basement prices. Electronics and the occasional car get the most attention, but the knockoff bike market is huge. A cursory search finds hundreds of bikes "inspired" by everything from Hondas to Yamahas. And then there's this: the WJ300GS.