Well when Asians are discriminated against in university admissions and now even when searching for a job (at least in the case of Asian males), exactly what kind of privilege do Asians really have?
Asian males are generally, without knowing them, considered to be smart, hardworking, nonviolent, helpful, family and work oriented, and stable. And they likely (I would guess) on average be more likely to be raised by both parents, who model school and work and family to them. So, in terms of what is termed as priviledge...theres that.