You will find a lot of varying opinions here as well as articles online. There are resources that will tell you it is an outdoor tree, an indoor tree, or a little of both.
The most important thing is that it receives plenty of light, either natural or artificial. Make sure to water it properly, fertilize when necessary, and you shouldn't have a problem keeping it in whatever environment you prefer. Common sense tells us that trees are naturally meant to live outdoors which is the best environment for your tree. If you choose to keep it inside and provide it all the necessary treatment, it will survive, but not as well as it would outside.
My philosophy is to research it thoroughly. Do the best you can for the tree and record your results in a journal of some type. Your tree will either flourish and you can feel accomplished or it will not do well and you will learn how to tend to your next Chinese Elm. You will most definitely learn something positive no matter what happens.