I was taught this by my friend (scotland) and her mum had taugt her it.

There lived a man in China town
His name was Chika Ricka Ree Ching Chai
His name was many but his feet were small
When he came to the cross he lost them all

With his Chika Ricka Ree Ching Chai
Ching Lorum Plorum Mini Kee Kai
Kiko Kooko Kee Kee Kee Kee Ki Ko
I spy Chika Ricka Ree Ching Chai

Makes absolutely no sense at all...