It wuz him what dun it
"Most recently, a detailed report from US defence contractor Northrop Grumman revealed that the People’s Liberation Army is tooling up with advanced information warfare capabilities, and warned that academia and commercial technology firms are helping to provide it with significant R&D resources."
Please, we've been here a number of times before, every nation that can do this, does it.
"It would be naïve to think that the US, UK and other nations are snoozing while China-sponsored attackers target their data."
It would be naïve to think that 'the US, UK and other nations' aren't doing exactly the same to the Chinese or other nations deemed in some way 'hostile' (and to a few of our 'friends' to a lesser extent).
"The latest stats from the Chinese government may be slightly exaggerated but shouldn’t be dismissed out of hand"
While few would take everything in there as gospel I'd suggest that only an idiot would dismiss them out of hand, not that there probably aren't a fair few of those. Surely anyone with even an inkling of international politics and/or cyber crime trends knows there's more than a germ of truth in much of the report.