traded my old frame for a chinese carbon frame. hoping to just swap the parts over i ran into a few snags. first, my bottom bracket is a bb-m950 116mm. as you can see in the pics there is a pretty large gap. is that much gap with spacers acceptable or do i need a 112.5 bottom bracket. second and the most frustrating is the way the frame slopes from the seat tube to the down tube i cannot get my front derailleur down low enough. is there another option for this? thanks. i'm usually working on steel road bikes. haven't built a mountain bike since 98. thanks in advance.

go ahead and put down the chinese frame.