That's a pretty one-way relationship though. Australia and China are literally thousands of miles away from each other, but China is still important to Australia because all the continental landmasses are far from Australia.
Well unlike most countries Australia and China have a lot of two-way trade (though imports to China are double exports) because China imports lots of raw minerals (as well as food) from them, and noone buys as many raw materials as China does. And thousands of km is still much less than twenty thousand to Europe.