Kuan Yin Water/Moon also known as the Regal Pose.
This looks like a copy of the amazing Kuan Yin statue in Kansas City at the Nelson Atkins Museum. Whenever "I'm goin' to Kansas City," I make sure to leave time to go see Kuan Yin one more time.
That statue is huge. This one is respectable at 15". The presence of the Goddess of Mercy in this one is noticeable.