When I studied at the University of Sydney in 2009 for a master's degree in media, I was surprised by the interest ordinary Australians had in China. Not only was China the topic for class discussions every week, one of my lecturers also told me during an after-class chat that she was sending her son to learn fencing in Shanghai in the upcoming summer holiday as China had emerged as an ideal place for his training. Later, my supervisor at a local magazine where I had a month's internship told me his son was studying Chinese at Beijing University of Languages and Culture, as he believed the language advantage would help his son find a job in Australia which was forging an increasingly closer bond with China.

He assigned me to write an article about how small and medium companies run by Australian-Chinese were faring and whether their connections with China actually helped their businesses. During my interviews, I was amazed that a rising number of Australian-Chinese were actually making a decent living out of exporting Australian products to China.

However, when news came earlier this month that China's Wanda Group had bought the famous Jewel Project on Australia's Gold Coast and planned to invest $900 million developing it into a luxury resort, I did not even raise my eyebrows. I also laughed it off when an Australian friend in Sydney sent an e-mail informing me that Chinese developers are also reshaping and rejuvenating Parramatta, a suburban city on the western edge of the city.