Sinophobia, plain and simple. Why would you call a whole nation of over 1 billion racists? The west is constantly in fear of the yellow man becoming too powerful. What exactly are you afraid of? Has China ever threatened to attack? Are we just jealous that they are doing well?
Let them have their 15 minutes for God's sake. They have worked hard to get to where they are and they have never threatened any western nation with harm. There are idiots on every forum who preach hate and negativity. They are white, asian, black, hispanic,....you name it. Why would you perpetuate it by calling them racist?
What is this hang up westerners have with Chinese people?
I know, you just want them to be "chinks" who bow down to you and serve you food at their restaurants. That is the ideal vision westerners have of the yellow man. It really urks you that they are now becoming wealthier that us. Well they didn't do it by sitting around and crying about another race.