Abstract: A China Threat – the fear of being taken over by China and the Chinese – has been an ever present in the politics of Australia since even before there was a Commonwealth of Australia. It was both a major cause of Federation in 1901 and a determinant of Australia’s foreign policy thereafter. In the last 20 years, concerns about China have come to focus less on migration and more on economic integration and China’s political influence. There are as always distinct paradoxes in the China Threat. It may be a useful vehicle for making a political point at election time but China has a place in the Australian economy that has led Australia’s leaders to at least modify their resistance once in office.