I saw this on 
AngryAsianMan.com. The auto-suggestion thing on Google came up with "I am extremely terrified of Chinese people" when you type in "I am extremely..." I thought it was pretty funny (and kind of sad). So I started doing some other searches to see what kind of suggestions I got.
For "Chinese people...":
*Chinese people eating dogs
*Chinese people eating babies
*Chinese people eating cats 
For "Korean people...":
*Korean people never sleep
*Korean people rude 
For "Japanese people...":
*Japanese people are weird 
For "Indian people...":
*Indian people smell
*Indian people stink 
To be fair, I thought I'd check out some Europeans too.
For "French people..":
*French people smell *French people stink *French people rude(So I guess the French are a combination of Indians and Koreans)
*British people bad teeth
*British people ugly 
