China hacking

While watching this video ( http://bloomberg.com/share/video/mB_vR3VcTA$pjOWVcVRO7w source: Bloomberg) it struck me as ironic that China's supposed control over it's people could work so badly against it, at least from a diplomatic perspective.

The telling stat is that 40% of the worlds hacks emanate from China, but only 10% from the US. Yet nobody accuses "the US" of hacking because state-sponsored naughty behavior is not what the US is about, right? Whereas when a hack comes from China it is heavily implied that it is state-sponsored. 

Maybe they just have script kiddies and organized crime too? There are 1.2 billion Chinese, so they could have hacking clubs larger than formal cybercrime entities in the West. Certainly, the organized crime is bigger. Also, given China's regime, those hackers would have to be pretty adept at covering their tracks, so you'd imagine that they'd figure out how to point the blame at the regime's institutions. Especially as it would suit the west's ideology to blame the Chinese state rather than a bunch of very good hackers who happen to be from China.

Maybe it is state-funded Chinese hacking, and they are probing ways to disrupt western economies and defense industries. While I can appreciate the latter, I don't think they'd need to resort to hacking to disrupt western economies. So who has been hacking Wall Street firms? Organized criminals seems a better bet to me.