Well yes. One is the result of a bloodthirsty and corrupt military dictatorship which is directly responsible for the deaths of millions, whereas the other is the People’s Republic of China.
However, both are China as you can see from the names they’ve chosen for themselves.
China is helping China develop Chinese chips?
Actually, I shot everyone in that refugee camp regardless of religion so I didn’t do genocide, just ordinary everyday mass murder 
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This was an actual argument that was run in one of the Yugoslav tribunals BTW.
What’s even the point of this line of argument? At best you prove that this technically isn’t racism in the strictest definitional sense but it’s still just as harmful to kids and Muslims as racism.
Never ask a woman her age.
Never ask a man his salary.
Never ask a Swede which country’s military they propped up by selling iron ore to between 1939 and 1945.