Never did understand what was particularly CHinese about it
Getting back on topic, I was amused to find this on Wikipedia:
Indian or Chinese burn
This is a prank done by grasping the victim's forearm firmly in both hands, and then twisting the hands in opposite directions about the victim's arm, causing the tender skin to stretch, making it red and sore.[2] Known primarily as an "Indian burn" or "Chinese burn" or even "snake bite" in the United Kingdom, Ireland, Australia, and New Zealand, "buffalo skin" in India, "snake bite" or "Indian rub" in Canada, or "Indian rug burn" in the United States (except in some midwest states such as Wisconsin where it is known as a snakebite), "Indian burn" in France, "policeman's glove" or "hundred needles" in Hungary, "barbed wire" in the Netherlands, "needles" in Romania and Bulgaria and "Brennessel" ("stinging nettle") in Austria, Switzerland and the southern parts of Germany, "thousand needle stings" in the northern parts of Germany, "thousand needles" in Sweden, "Nettle" in Estonia, Latvia, Lithuania, Poland and Russia, "French cuff" in Denmark, "kuuma makkara" (hot sausage) in Finland and again "snakebite" in Flanders.
http://en.wikipedia.org/wiki/List_of_school_pranks#Indian_or_Chinese_burn