It depends on the context ... as far as the bible is concerned, we are all the same to God, and in fact, we were once the same race, speaking the same language, but when our ancestors tried to build that tower thing (sorry, not a very keen student in religious
study), we were all made into different races, speaking different lingo ...
To asnwer your question, I am afraid it will be a very definite and ugly "yes".
I just had a discussion with someone about insurance from overseas this morning, and the topic of foreigners in China were also brought up. Somehow a lot of Chinese had generalised that foreigners always earn big money, hence (or otherwise) has lots of $$$.
If you go to those markets that you can bargain, for example Xiu Shui in Beijing, you will notice that the same item (clothes, shoes, bags etc) would be offered at different prices to foreigners.
I was reading about this little Chinese girl in Chong Qing. She was born in USA to Chinese parents, but were given up for adoption by American parents (I cannot remember the reason). After a few years, the natural parents came back to China and then fought
to get her back, and they won... and then somewhere along the line, they had a divorce. Now she is living with her natural mother with two other siblings, living among Chinese. In conclusion, she is a Chinese by DNA, but a foreigner by nature.
So, the ugly fact is ... people are judged on the outside (because that is often obvious), and then judged on the inside ... there is a generalisaton or stereotype! Although this is different for different parts of the world ... as an example, for a period
in time, Taiwan Chinese and HK Chinese were buying properties like hotcakes in certain suburb in Sydney, and for quite a long while, Chinese were stereotyped to be loaded with cash by a lot of local Australians.
So... to repeat myself ... the answer to your question is "yes".