I am documenting this in my blog just in cause someone needs this info.
It is possible to show Chinese/Japanese characters in most of the charting tools. The only thing you need to do is have the Asian language pack installed. To do this; go to control panel -> Regional and Language Options then click on the language tab. From here, check the “install files for East Asian languages”. This will allow you to view Chinese on your machine. Once this is installed, all you need to do paste the text directly into the fields in the chart and it will show up properly.