In all the years I’ve been around, both on the internet & among friends and acquaintances from Asia (incl. Taiwan & China), WtP has been a symbol of resistance against Xi Jin Ping and authoritarianism in China.
I know .ml is heavily tankie in general, but just need a double check from the more reasonable parts of the internet.
I think the context is relevant. Normally no, it is just a children’s book about a stupid honey loving Beer. Or about a troubled child that talks with his Toys instead of friends.
Then there is the Xi comparison, which is also not racist, but just an individual critic/insult.
But as you know there are now idiots out there which call all east asian looking people wtp. Which clearly is racist, I met some once but its not the norm. I mean racists are able to use anything to be racist.