[unavoidable]

Also a Westernized Chinese here. It's hard to say that there are any solid "advantages" - there simply are too many Chinese people (especially in North America) who are over-achieving to stand out. Plus, it's pretty well documented that affirmative action / diversity programs are actually a detriment to ethnic Asians because of the competition.

I can't really think of a place where it would be a straightforward advantage. Of course there are other perks being from two cultures and speaking two languages, especially in formation of relations and bridging some cultural gaps.

Edit: I also want to point out that the view that being Caucasian is good for business in China is a bit naive. Sure, they want to attract foreign investment and present a good side to the world, but that doesn't stop the fact that many locals are still suspicious of the West and many of the smaller towns harbour racist tendencies.