I'll bite. I'm an Australian citizen (born and lived +25 years there) who now lives in France. My son was born in France but qualifies for Australian citizenship. Should he return to Australia, renounce his French citizenship, and run for office, why shouldn't he be able to serve?
Australia is a country of immigrants. Where someone is born is hardly a good guide to whether they are capable of representing other Australians in the parliament.
Why do you believe that my son or anyone else born overseas would be set on subverting their new home?
Or from another side, why would my son (born in France) be any more subversive to the Australian system than me (born in Australia)? Why is where I am born a good guide to whether I'll be subverting the system in favor of France (in this case, or China in your example)?