Prep the Shrimp
Pat shrimp dry with paper towels.
Season lightly with salt and pepper. Set aside.
Make the Dragon Sauce
In a small saucepan over low heat, whisk together sweet chili sauce, sriracha, honey, soy sauce, rice vinegar, and grated ginger.
Heat for 2–3 minutes until warm and slightly thickened. Remove from heat and set aside.
Mix the Batter
In a mixing bowl, combine flour, cornstarch, garlic powder, onion powder, salt, and pepper.
Slowly whisk in cold soda water until smooth but slightly thick. (Should coat the back of a spoon.)
Fry the Shrimp
Heat vegetable oil in a deep fryer or deep skillet to 350°F (175°C).
Dip shrimp into batter, let excess drip off, and fry in batches for 2–3 minutes or until golden and crispy.
Remove and place on a paper towel-lined rack or plate. Let rest 5 minutes.
Toss & Garnish
Gently toss the fried shrimp in the warm dragon sauce until evenly coated.
Serve over shredded cabbage or slaw, and garnish with green onions and sesame seeds.