US citizens at least have some laws in place to protect them, while if China steals your stuff you are just wholesale boned.
TL;DR: it is because of your government that you should be worried about spying by foreign governments.
Lets say you work for Samsung in purchasing and someone in China has a knock-off chip that they want to sell to Samsung, but Samsung won't move away from their current provider. They could use your login information to log into your account with the competing supplier and view pricing information that gives them the upper hand in negotiations.
Lets say you work at a business consulting firm who does business with an upstream supplier to Raytheon. China is trying to figure out information on Raytheon's project and is mapping out their supply chain. By targeting your conversations with your client (who is in Raytheon's supply chain) China could learn a lot of valuable information about their target.
A high level overview is at https://en.wikipedia.org/wiki/ECHELON#Concerns
The actual EU report is available at: http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//...
Baseless claims won't cut it. The US has had by far the world's largest economy for the last two decades. There should be dozens of legally proven - court cases - examples of intellectual property theft far worse and larger than anything China has done, given the scale difference of the economies over that time and the supposed capacity to hoover up global communications and put it to use in industrial espionage.
Saying that well: here's one example, or here's two examples across 30 years, is not good enough to indict the world's largest and most technologically advanced economy for being rampant industrial thieves. To show a comprehensive pattern of deep industrial espionage, and to show that it isn't more along the lines of routine espionage that occurs between any two great economic powers, requires a lot more proof.
How many legally proven court cases against industrial espionage carried by the Chinese State are there?
President Barack Obama got a list of talking points that United Nations Secretary General Ban Ki-moon hoped to hit on during a one-on-one meeting, courtesy of the NSA's X-Keyscore program. - not economic but it's hard to imagine this tactic wouldn't apply to economy related meetings [1,2]
[0] https://www.bbc.com/news/25907502
[1] https://www.cnet.com/news/nsas-spying-on-united-nations-and-...
[2] https://theintercept.com/document/2015/07/01/un-secretary-ge...
https://theintercept.com/2014/09/05/us-governments-plans-use...
The US government has jailed the only known telecom CEO to resist warrant-less spying.
The US government has arguably had a major hand in building Stuxnet, which used two zero-day vulns in MS Windows and two stolen Windows driver signing certificates.
I don't even know what the big deal is. Countries don't get prosperous by singing kumbaya and group hug sessions. Mine certainly didn't. Whatever it takes as long as you get away with it.
Extreme example, I get it, but I can’t imagine it is too far from a real scenario.
Think of Midway Battle. Think of Enigma.
You can say, hey look that proves US/UK govt can spy on you. Never mind Japan/German nations were at war with US. But I digress.
But if those didn't happen, you and I all have a high chance of being a second class citizen (or just a person and not a full citizen) in some totalitarian state in modern date, either being forced to use German or Japanese language. And that is if you are lucky. Many in modern time have a high chance of not being born if German/Japan won WW2. And key battles in WW2 were won by Allies due to breaches in communication network of Japan/German.
Yes, US/UK or any western govt spying on citizens is distasteful. But the communist Chinese govt spying on you and using that information will be far worse than that.