Wait a second. Is the argument here that comparing Xi Jinping to Winnie the Pooh is "racist"? As opposed to just, say, offensive to a very powerful fat man? Wow, OK. I think we have a new standard for the use of racism accusations to censor people.
This is a straw man because that’s not what the cartoon was about, at least not according to TFA.
Of course it is racist. I'm not sure if it was the Winnie the pooh, I assumed it was due to its prevalence and how the article described it as a cartoon depicting stereotyped features (yellow skin).