Assuming you're complaining about the phrase "the rise of China," it's not racism, but economics and the wealth of nations. China's economy has boomed in several distinct dimensions over the past three decades. They are part of BRICS, the five nations in G20 who like to talk to each other about how fast their burgeoning markets are growing.
And, due to the way trade works, China's rise has changed how folks in the USA value and purchase goods. I'm sorry if this feels racist to you, but I can't fix you.