It could be worse. Imagine reversing the gender roles. Take my situation, for example.
I'm in a long-term relationship but not married so no ring on my finger. In the profession I work in, I also keep as much of my personal life as private as possible so it can't be used against me. Then, I'm a relatively decent looking guy, excellent physical shape and when I'm working I always try to dress very well. Then, I may be a raunchy, degenerate piece of shit but I'm also a gifted actor and can come off very, very presentable if I have to. And then, for whatever reason I happen to have several female friends who are very attractive and we often attend events together.
So, an unmarried, well-spoken Asian male who dresses well, keeps in top physical shape and attends public events with tall, pretty, blonde female platonic friends? Yeah, exactly. People assume I'm the fucking oriental Kevin Spacey. I only found out recently that at a bar I used to frequent after work for about two years until they closed, all of the female staff and the gay male bartender assumed I was gay.
And that seriously fucks me up at public events when there might be opportunities pick up women. I can make women I meet laugh all night but it's good for shit if they think they're having a chuckle with a really funny gay guy.
On the other hand, if you look like a queer in America then you're a hunk in Japan. And I have noticed, on multiple occasions, when I'm at events with my blonde friend and walking through venues with large numbers of Japanese tourists, I have noticed a few very attractive Japanese girls, obviously there on vacation with other female friends, making direct eye contact with me and smiling/smirking with that "come hither" look. Obviously, they're wondering what this Japanese-looking guy does so phenomenally well to be able to score such a woman. Maybe I grew up next to a reactor or in downtown Hiroshima and pack 17cm? Or maybe I'm just filthy rich. Unfortunately, in the role I play at most of these events I'm unable to just stop and flirt with tourists, but I always regret not being able to get the girl's number, get her back to my apartment, get all of her clothes off and then whip out my bank statement and pull down my pants and give her the letdown of a lifetime.