What in the world have I woken up into...
As an Asian/Taiwanese, I do not understand why Hexbearians feel the need to point out what's racist for us.
The picture of Xi the Pooh is clearly a parody and pointed specifically at Xi and the CCP, and not a general racist insult to Asians. Everyone, and I mean EVERYONE, in East Asia knows that, including the Chinese themselves. We use/refer to it a lot ourselves on our own social media platforms in Taiwan (習維尼, 習: Xi, and Winnie the Pooh: 維尼), and if you mention any of it on Chinese social media Weibo/WeChat, you likely will get banned from the platform.
Kind of reminds me of cultural appropriation gone out of hand, where Westerners feel the need to be angry at other Westerners for wearing Japanese Kimonos or Chinese Quipaos. Like, no one here is offended. We don't understand why those people feel the need to be angry for us.
Edit: I just saw a Hexbear comment on another thread posting that China doesn't ban Winnie the Pooh because Disney is able to exist. Well, no shit. It's in the context of Disney. Put that phrase in any other thread on their platform (preferably political) and see what happens, then can you claim that the CCP doesn't ban the word Xi the Pooh.