I never said that the Chinese were immune, but since you brought up the comparison in the first hand, I must say that Indians suffer from this phenomenon to a far greater extent. It's comparing mountains to mole hills.
Obviouslly Yao Ming is highly regarded in China, but thats probably because he nearly single handedly put Chinese basketball on the map and its popularity today in China is in no small part to him. I would wager most Chinese have no idea who Michelle Kwan is (I thought she was Korean for the longest time). I don't think Keanu Reeves is even Chinese.
Speaking of the constant comparisons, it seems to be quite the other way around in that it is the Indians who are always doing the constant comparisons and boasting of their perceived superiority.
From what I seen, Indians dont have any negative views on people of any race. Some ignoramuses make jokes on Africans, but no one has racial supremacistic notions on any one.
India is more like a continent of 56 countries, rather than ONE culture.
China, being an ethnically insular country, with HAN forming an overwhelming majority of 990 million or more, have a more definite notion of racial and ethnic pride.
So, its always you guys who have this tendency to compare yourself with us.. we cant even do so, because we have nothing to do defend nationalistically.