don't ride any faster than you want to crash. Serious!
If it is pinching then the cage is broken, and a piece of steel is floating around in there. If it grabs wrong it will jam, and blow the rest of the cage apart causing the wheel to attempt a complete stop while shifting its center.
Yours may not be in that state but from your description what I state is correct. You don't have to get the Kymco bearing... Pull one out, and it is clearly marked as to it's dimensions. ANY good auto parts store will stock an exact replacement. Just tell them you don't know what it is from. Your boss needs it whatever.... They always rely on the F'n computer instead of their brains today.
Look for the Old Guy that has been there done that. Kids don't know sh** today.