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asian ladyboy 

A person or persons from Asia whom usually is bought from a rich, cracka and is used for sexual favors and has a strategically placed penis where his/her vagina should normally be. Usually bought from a poor Asian family in a large city. Related: transvesite, tranny, shemale, hermaphrodite.
I bought this crazy hot Asian Ladyboy from a cracka in NYC.
asian ladyboy by G-Man March 14, 2004
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Asian Ladyboy Tranny 

A transexual of Asian descent, usually originating from Bangkok Thailand.
Axel had anal sex in the dark with an Asian woman he met in a bar last nigh, only to discover that she was an Asian Ladyboy Tranny