No he doesn't, can you elaborate? Why are you calling a Chinese man similar to a yellow bear?

Calling an Asian guy yellow, totally not racist btw

Xi Jinping does not "look like" Winnie the Pooh at all. It's not some universal truth you are only making an innocent observation of. The entire reason the connection exists is because of a racist meme depicting Xi as Pooh and Obama as Tigger. I'm going to trust I don't have to explain the racism of the Obama depiction, but only for the sake of brevity not actual confidence in your understanding.

But as for Xi, there really is no resemblance beyond the extremely racist stereotype of Asian people being "yellow" which is itself only a thing in racist circles because white supremacists had to make up a color scheme to categorize and otherize ethnicities that were not part of the in-group, despite the fact that many Asian people are "whiter" in actual skin tone than that of countless pinkish hogs and dead salmon gammons, Asian people and all the people "of the Orient" (more racism) are yellow according to the pathologically racial-category-obsessed white supremacist.

But before I get too tangential, I'm explaining all this to show you how thoroughly you've absorbed that background racism with shit like "it's not my fault he looks like Pooh!" Yes, yes it is your fault you are choosing not to examine your internalized racism and fall back on a racist trope as some simple matter of fact when it's clearly not.

And speaking of things taken as simple matter of fact that are bullshit, the whole "banning of Winnie the Pooh in China" is just more Sinophobic lies easily proven as such, with things like this. Oh shit, what is a whole Winnie the Pooh themed ride doing at a Shanghai theme park?! Call the See See Pee immediately and report this heinous crime against censorship so their social credit score turns negative!