The Chinese need natural resources, but more importantly, they need Lebensraum. So, what country has lots of land area, is sparsely populated, and has natural resources aplenty?
Australia.
That's where their roving eyes will come to rest sometime in the next 20 or so years, once the USA collapses upon itself in debt and depravity.
I agree that over time China will attempt to pressure Australia for the reasons cited. They would love to have influence over Australia. The weaker the US is under Biden, the sooner China is likely to try to execute such a play.
