I care who controls key assets in my country.
I wish more people did.
Do we care if a foreign power can switch off electricity- or do what it wants, charge what it wants?

This was on SBS News:

Chinese investment in Australia surpassed $A14.29 billion in 2015, according to a report by accounting firm KPMG and the University of Sydney.

Former senior defence department official Peter Jennings said the trade relationship put Australia in a difficult strategic position.

"We've never had a greater dependency with any country," said Jennings, a director at the Australian Strategic Policy Institute.

"The risk that creates for us is if Beijing wants to adopt politically coercive policies, it's in a fairly strong position to do so with us because of that level of trade dependence."

sbs.com.au

Loudy says, "Then, it can move on Singapore and Malaysia. Then, as Japan did before it, the rest of south-east Asia. I'm glad I'm getting old, but I feel sorry for my kids and grandkids."

That's why we have to bite the bullet sooner rather than later. I'd like to think there are allied military moves afoot towards this.

"Former senior defence department official Peter Jennings said the trade relationship put Australia in a difficult strategic position."

Is trade the same as investment ? And so should we try to increase coal and iron-ore shipments to Samoa , Mozambique and Iceland?

Further to the parallel with Japan:

http://nationalinterest.org/blog/the-buzz/would-china-launch-pearl-harbor-style-strike-america-14491

Pilgrim & nickname,
I understand historical revisionism has more than two meanings. In one, suppose the court judged you guilty for the shoplifting that you did not do, and you bring the case to an upper court. This is not bad. In another, you did it but, insisting that you did not, appeal to the upper judgement. This is bad.
I do not say that Japan did not have an imperialistic and aggressive policy since 1868, but so far as the war that started in 1937 and led to the Pacific war was concerned, Japan wanted to get out of the bottomless quagmire.
D. MacArthur was fired by President Truman in April, 1951, and in May he said at the joint session of the Armed Services and Foreign Relations committees of US Congress that Japan's decision was largely dictated by security. William Webb presided as Chief Judge at the Tokyo Tribunal. I understand he said very much the same thing back in Australia after the Tribunal.

Japan's Great Asia Co-Prosperity Sphere was different from German Lebensraum or American Monroe Doctrine. Prime Minister Turnbull's and Xi Jinping's doctrine of "May peace prevail in the South China Sea" would be radically different.

China wants peace to prevail in the South China Sea.
Oh great, I feel much better. Now I can go to bed and sleep peacefully.

China doesn't want her own way sometimes- she wants it all the time.
The South China Sea carries one third of the world's trade, according to some sources.
Will we let China walk in and take control of our country?
It will be "Poor fellow, My Country" then, boys and girls.

Sydney: Aussie one day- Chinese the Next