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1.
A term of endearment for a person being of mixedAsian (namely Chinese) heritage, hence the "chinky" and Latino (namely Mexican) heritage, hence the "bean".

Can also be considered a double entandre for the perfect love.
V:The girl over there is the most amazing person in the world.

A:Oh you mean my chinky bean?
V:Yeah her.
A:She's my perfect love, Love Always.
by Party-arty LA October 19, 2009