A non-Asian gay male who is predominantly physically attracted to other gay males of Asian descent, usually significantly younger. Similar to the phenomenon plaguing Asian women in the western world, the "rice queen" objectify, sexualize, and demoralize his Asian counterpart. Vice versa, the Asian male in the partnership internalize this colonial, imperialistic, and racist worldview, and will come to believe that by dating a non-Asian, this will increase his social status within the local gay community.
Oh my gosh, girl, don't even talk to that rice queen. If you sleep with him you've slept with every Asian in this town!