No, it's not a racist slur.
Perhaps it wasn't meant as a racial slur but it will be portrayed as one in October 2024 by Rat Party Headquarters. And "moderates"...the 20% of the population who sometimes vote GOP and sometimes vote Rat...will *absolutely* see it as such.
Asian workers who came here to live the realAmerican dream know all about government officials strutting around in a new Chanel suit every day.