Do you consider this joke racist?

A Jewish guy and a Chinese are talking.The Jewish guy says it is great how well we get along. The Chinese guy says, Why? The Jewish guy says well you know, Pearl Harbor and all. The Chinese guy says, I'm Chinese not Japanese! The Jewish guy says, eh, all the same. The Chinese guy says well the Jews sunk the Titanic. The Jewish says, What! The Chinese guy says, you know, Greenberg, Weinberg, Iceberg, eh, all the same.