Unless the goal is to make political hay of asians getting assaulted on subways, in which case asians are "people of color" who are "victims of white supremacy."
What we learned in school decades ago is no longer considered correct by some people. Also logic is not a strong point of DEI people, for them math is racist [0] and logic is the basis of most math, so it is also racist.
Also white is a color and white people are not even white, but pink [1].
Side issue, but I grew up in Sweden thinking asians have yellow skin.
After living and working with asians for decades in the Bay area, I have yet to meet a yellow one. To my eye, they're on the same white(pink)-brown-black spectrum as the rest of humanity.
It seems that some Asians are already over-represented in certain fields, like sciences. I heard somewhere that being Chinese makes your chances of admission worse.