This chapter offers a compelling account of Chinese Americans’ mixed and multifaceted views on affirmative action, challenging the oversimplified and dichotomous “for” or “against” portrayal. Drawing on interviews with 36 Chinese Americans, it finds a wide spectrum of voices among them, even among those with similar backgrounds (e.g., immigrant generation, education, gender, and class). They adopt a multitude of outcome- and value-based arguments to justify their attitudes toward affirmative action. These multifaceted arguments touch upon the perceived costs, benefits, and effectiveness of the policy as well as whether it is aligned with values that they wish to advance. Social identity(ies), (mis)characterization of affirmative action, the American Dream ideology, and racism beliefs are plausible explanations for their divergent and multilayered outcome- and value-based policy arguments.