Quote History Probably not, at least I wouldn't.
I've got a Gewehr 1888 in much better condition, and I load special reduced power loads for it using .318" bullets.
I don't know about the Chinese clones, but the original rifles used a smaller .318" bore instead of .323" like most modern 8x57 Mauser rifles. Now some of them were re-bored to .323, but unless you slug it to measure I wouldn't risk it. And I wouldn't shoot full power modern commercial 8x57 Mauser (leet alone some of the hot milsurp) in an 1888 in general. I'd be suspicious that the Chinese clones may not be as good metalurgically as a German made rifle, and that one looks pretty well worn. Better safe than sorry.
FWIW, my loading uses a powder charge similiar to .30-30 Win using IMR 3031. It is just enough to give a good mouth seal (avoid sooting). It is very pleasant to shoot and decently accurate. You can get the .318" bullets from Buffalo Arms if I remember right. If you want to load them I can look up my notes on the load data.