Australians have always had a complicated history with China. Chinese people have lived in Australia from the time of the gold fields and were never assimilated or accepted. Some married white women who were then ostracised by white, as in Anglo, Australians.
Some were expelled from the colonies, and those that were not were banned from practising certain trades such as furniture construction. They lived in silo communities referred to as China Town or worked growing vegetables for market.
Prior to WW II China was feared as "The Yellow Peril" that would sweep down and take over Australia, but it was actually Japan that had designs on our wide open spaces and mineral resources.
During the Korean and Vietnamese wars Australian soldiers came face to face with units of the Red Army.
When the Cold War began to thaw one of our senior politicians made a visit to Bejing to make peace with the leadership. His name is Edward Gough Whitlam and he went on to become Prime Minister of Australia. The year was 1971, before President Nixon's famous visit in 1972.
In the following years, trade between China and Australia has grown, replacing Great Britain as our largest trading partner. Today, China is still our largest trading partner, albeit a rather prickly one. The US has replaced the UK as our most important military alliance. It seems to me that ATM our military alliance with America is rather wobbly. I am concerned that the US might not honour the ANZUS treaty if Australia were to be attacked by China. Slogans like "America first" do not help in that regard.
Many Aussies have grown concerned about relying so much on China and US and as a nation we are currently seeking to expand relationships with ASEAN nations, including Japan and India. Video of Indian President Modi at China's recent, and mighty, military parade does not bode well for Australia.