Prosecutors will not pursue a key element of a foreign interference charge levelled against a Sydney businessman, a court has been told.
Alexander Csergo, from Bondi in the city's eastern suburbs, will remain behind bars as he awaits trial for allegedly providing information to Chinese spies posing as think-tank workers.
He pleaded not guilty to one charge of reckless foreign interference during a local court hearing at Sydney's Downing Centre on Wednesday.