Nobody is hoping for a Pax Sino-whatever. Australia dug that grave, they can lay in it.
Their problem, not ours.
It’s happening here too. Chinese buying of US real estate (including much of LA Port) exceeded $300 billion last May. They already control the Panama Canal thanks to the machinations of the US left.
Hopefully.
After seeing 'your' intervention in Libya, Afghanistan, Iraq, Pakistan, Egypt, Syria, Iran and Turkey we won't be calling anytime soon. Thankfully Trump gets it, even if you don't.