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I feel perhaps my heart is still in China.

When our thousands of Chinese students abroad return home, you will see how China will transform itself.

We can pretend that China is not there. But China is there, and unless we put our economy on the right track, it is going to overwhelm us completely.

The staple of our Australian colonies, but more particularly of New South Wales, the climate and the soil of which are peculiarly suited to its production, - is fine wool.

Any politician or campaigner trying to pull the wool over the eyes of the public won't get very far.

Rather than standing back and being left behind, we must make the most of the opportunities that a growing China presents to us here in Britain.

Until the Chinese decide to compete fairly it will be up to us to do what we can to further protect our manufacturing base, and ensure we keep the good paying jobs we already have.

Historians are going to look back on rising China and say America, at least under the Bush years, did not get that wrong.

No matter how hard we might wish, we will not be able to transform China's behavior overnight.

If I think too much about all of those Chinese factories where all the stuff in a Wal-Mart is made, I get that woozy feeling you get when you see ducks covered in crude oil.