(please log in to view the image)
It's pretty damn racist. It's pretty much the chinese equivalent of the black person caricature with the big red lips.
But it was a different time and the character has been updated significantly.
Never let anyone else define you. Don't be a jerk just to be a jerk, but if you are expressing your true inner feelings and beliefs, or at least trying to express that inner child, and everyone gets pissed off about it, never NEVER apologize for it. Let them think what they want, let them define you in their narrow little minds while they suppress every last piece of them just to keep a friend that never liked them for themselves in the first place.
"He was the descendent of British and Mongolian nobility. While it does make sense given British presence in China, it's also very symbolic.
The British Empire was once the most massive in reach inthe world, stretching from sea to sea. And before them, the Mongolian Empire once claimed to be the largest in land mass, stetching from China across vast stretches of land and to the Middle East, claiming many of the routes of the Silk Road.
From a small island nation and a supposed clan of barbarians, they changed and defined world history like few others. And he is descended from that nobility.
What does this mean?
He represents that mythologized past, that need of a strong monarch leader and would see it as his duty to combine the acheivements of his past to usher in a tomorrow under his rule, venerating that past. It's why he wants to conquer the world. He sees it as birthright, as destiny and fate. He represents the ruler of the past.
No surprise his enemy would be Tony Stark; the liberal futurist who comes from the young (in relative to many nations) United States of America. They stand on total opposites from each other.
Stark build his accomplishments from his mind.
The Mandarin claimed his through lost alien technology, much like how the Mongols gained many achivements through their conquests and similarly with Britain with their colonization and trade control.
The displaced emperor of yesteryear versus the futurist freedomite of tomorrow."