150cm is a little on the low end. But I think it's more concerning that even people who are 'average' are seen that way. Average women height in many asian countries sits around 155~160cm. But it's not just the height, Asian women also tend to have smaller builds in general. Less broad skeletal structure, less muscle expression, etc. Even diet plays a part. You rarely find an obese woman, and morbidly obese are just nearly unheard of, mainly because in many East Asian genetic lines, being that fat is far more lethal than for the average Caucasian. They just don't survive.
The consequence, is seeing Caucasians I meet during work functions belittle my female colleagues because they think they are interns or juniors. Or seeing people online comment on '12~14 year old girls, ew" in manga where I see at least high schoolers. When you try to correct them, you get accused of helping to cover up disguised fetishism.
Ironically if anything, it reveals more about the accusers private preferences and biases then the people being accused.