Well, welcome to the forum kasperle and as to the smiling faces and the thrill that those have in carrying a torch, there will always be those who get some enjoyment from the occasion and not just in Australia but wherever the relay is for it is probably as close as the majority will ever get to the Olympics other than watching, listening or reading of events.
If some older athletes, citizens of renown or celebs get a kick out of carrying a torch and it enhances peoples enjoyment, then so be it.
You do not want to dictate like a dictator do you that enjoyment can only come from aspects of life that you determine - you might as well join the blood letting if you do, and neither Mike nor I are ignorant of the politics of China and the globe:
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I think you are on the money Mike in that China will change at their pace driven from within in how they want to further engage with the global economies for they are already a dominant force and just growing stronger in that respect.
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As Mike indicates, arms supplying companies come from all parts including the US and France to mention a couple.
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China is doing the Kangaroo all over you and you do not even recognize that penetration has already occurred.
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Also as Mike has indicated, there are economic factors and not trading with China is not going to change what policies the Chinese government has abroad as much as we may not like them, and regardless of whether we have a PM who speaks Mandarin, yes Australia other than being a supply of natural resources for them is not much more than a fly on their back when it comes to anything they may want to do.
But do European nations not do Trade with China?, hardly think not and should Australia and other foreign nations declare war on China?
Perhaps something of a trade embargo could be applied!, spin the globe into recession quicker than what is happening.
So in the doom and gloom about the globe, the torch may not provide the ray of enlightenment that we would wish for, and China may not be a beast that we wish to have but there have been all manner of beasts before and during our lifetimes and more will come along afterwards no doubt too and we all soldier on the best we can enjoying a BBQ while we can and you enjoy Europe the best you can too.