We don't have children, but Tatiana has been around children during family visits, and when we attend social events.
 
I always keep Tatiana in a front-carrying pouch (it's a pet carrier).  If children want to pet her, it's naturally supervised by me, as Tatiana is strapped to my front.  Oftentimes, I kneel in front of the children, and they pet her.  We have nice conversations, too (What's her name?   How old is she?  I have a yorkie, too, etc.) 
During social events, it's not unusual to see me walking around with a glass of wine in one hand, and a tiny yorkie strapped to my front.  

  It's laughable, I know.  Also, it's a good ice-breaker.  
