Yeah, basically it sucks. As another commenter stated, it's just the nature of the game. In this arena, for females, being asian is often an asset, but for males a liability. There's sometimes an elitist air among asian women that they can do "better" than settling for an asian man.

At least in my experience, it gets better with age. When women begin favoring stability over excitement/looks, the things you can control become more of a factor such as career, maturity, interests. As long as you're financially stable and reasonably normal (no basement full of blow up dolls) you stand a good chance, I think.

Also, this is a tough area for asian guys, but you're going to have to find a way to exude confidence. This is somewhat circular since society is not really reinforcing your self esteem, but it's up to you to break that cycle. In my case, I pretty much gave up on relationships and then they started happening. I guess people seem more secure when they don't care? (Oh, and don't be bitter. Bitter people suck to be around.)

I'm married now (to an asian girl) and even though women cannot be blamed for having a preference, I still can't help feeling injustice at this predicament. Anyway, I said "you" in this comment a lot, but I mean it generally and it's written just as some offhand advice for my asian brothers out there. But for you personally, I just wanted to say "I feel ya, bro".