With all the hype around the Gangnam Style music video, there is even a Mandarin version called "Laowai Style" - I wrote a post that included the lyrics of the Chinese parodied version (and also included some vocab & grammar lesson :-).
It was put together by Jesse Appell, and it seems that he has also created a Mandarin version of the "Who's on First?" sketch in Mandarin Chinese.
Having just watched it, I can confirm that the humour still works, and in fact it doesn't even require a very high level of Mandarin to follow.
For your amusement, here is the video ...