The political earthquake in Australia last week, which pushed Tony Abbott out of the prime minister's chair and propped Malcolm Turnbull up on the seat, has provided Canberra with an opportunity to come up with policies that will have a major impact on its relationship with China.

Considering the increasing convergence of interests between the two countries, Turnbull only needs to make the right choice that would cater to the interests of his country's relations with China. He has a chance to lay his mark on Australia's policy toward China.

For the past few years, China has been Australia's largest trading partner, largest destination of exports and biggest source of imports. Of the every three Australian dollars the country gains from exports, one comes from China.