Ying Ge Li Shi

Is this racist? I got distracted by YouTube videos of people of Asian heritage showing "how to speak with a Chinese accent" (aka making fun?) a while back and Sarah told me to stop because she thought it was racist.

You can see that the person who made this video is using one of those books which purports to teach "English" by giving Chinese characters that are vague equivalents of English sounds. See if you can tell what she's saying. And whether you think it's mean.