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It's not an issue for me as I am based and resident in Oz. One thing, the HK entry for a "normal" Oz passport is for 90 days, using apec is only for 60 days. It doesn't impact me, but may others...however, the resident lines are usually empty and certainly faster moving than the "great unwashed masses" lines.
I would think having the card, even if you can't use it as a foreign resident, but still travelling a lot in Asia, especially Japan, Malaysia, Philippines, China would be a real benefit.
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