Someone that exclusively or almost exclusively dates Asians, and more specifically Chinese, Taiwanese, and Hong kongers.
Or an Asian, specifically Chinese, Taiwanese, or Hong kongers, that is awesome and or very skilled or talented and one or more things
That Asian comedian is funny as hell. He is a real Wang banger.
when your walking down the street, minding your own business, and some white people drive by pretending to be gangsters yelling gang terms at you, you yell back and call them "WANG-BANGERS!!!"
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.