The biggest overhaul of our defence force since World War Two will see us rapidly acquire long-range strike capabilities, meaning our military will be able to hit targets at sea. 

It's in response to rising military threats from China. 

But while we're angering Beijing by upping the ante on the military front, in other areas - like trade - things are actually improving. 

Today, Chinese trade expert and lawyer, Associate Professor Weihuan Zhou, on the complex diplomatic relationship between Australia and China, and how it's undergoing a reset.  

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Dr Weihuan Zhou, Associate Professor, School of Private and Commercial Law, University of New South Wales, Sydney