It depends what you mean by "Racist"?
Just because Asian nations don't want to be taken over by foreign religions, cultures, or dare I say it "skin" tone doesn't make them "racist".
Or does it?
My MIL is from Thailand and I've gotten the low down on every other Asian group. Dirty Laotians, criminal Cambodians...you get the picture.
It was quite eye opening to me as I grew up on a steady diet of NYS public education kumbaya, only whitey is racist.
But, I have learned a valuable tool. If I go into an Asian owned business, I find a way to sneak into the conversation that my kids are part Thai--I immediately get better treatment. (: