Sounds about right. The Chinese government doesn't limit its endorsement of hacking to internal matters, either; it actively recruits and pays programmers to create and distribute malware that promotes China's interests abroad, whether that's targeting pro-Tibet activists worldwide or attacking US Government sites.
In Eastern Europe, hacking is just as common, though it's almost always organized crime who's doing it and it's almost always done for profit (bank skimming Trojans, botnets, and so on make lots of money for Russian organized crime). In China, the government sees hacking as a way to control dissent at home and gain an advantage abroad.
