All I can say, dear Comrades is: YESSSS!!
From the Wikipedia article:
"Kung Fu Fighting" is a song written and performed by Carl Douglas and Vivian Hawke. It was released as a single in 1974, at the cusp of a chopsocky film craze, and quickly rose to the top of British and American charts. The song also is famous for its use of the quintessential Oriental Riff, a short musical phrase that is used to signify Chinese culture.
It originally was meant to be a B-side to I Want to Give You My Everything by Brooklyn songwriter Larry Weiss, and was recorded in the last ten minutes of his studio time. This song has been featured prominently in pop culture including Mott's Clamato advertisements.
Douglas states that his inspiration to write the song was affected by three factors: he had seen a kung fu movie, later visited a jazz concert by Oscar Peterson, and was suffering from side-effects of pain killers (Douglas had injured his foot playing football).Another account gives his inspiration simply as seeing two kids in London doing kung fu moves.
The song remains one of the most fondly remembered one-hit wonders. Kung Fu Fighting also was rated #100 in VH1's "100 Greatest one-hit wonders. It appeared at number one in the UK's Channel 4's Top 10 One Hit Wonders list in 2000 and again in the station's 50 Greatest One Hit Wonders poll in 2006. It also was included in another 2006 programme for Channel 4, Bring Back ... the one-hit Wonders, for which Carl Douglas performed the song in a live concert.