ASIO and FBI heads at Five Eyes intelligence summit accuse China of being world's worst intellectual property thief

The domestic intelligence chiefs of Australia and the United States have issued a scathing criticism of China, accusing it of intellectual property theft on an unprecedented scale.

"And this summit is about how we work with our partners together, and in the tech sector and innovation sector, so they can better be placed to identify and manage those risks effectively."Mr Wray labelled the Chinese Communist Party the "number one threat to innovation", arguing it had made economic espionage "a central component of its national strategy".

The Chinese government has defended its conduct, arguing it has "always attached great importance and been actively committed to intellectual property protection". The problem was eventually traced to an international conference, where someone had offered to share information with one of the company's employees by plugging a USB into their laptop.

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