The recent hacking allegations against China puts another negative mark on the country's image and comes even as new leader Xi Jinping has repeatedly vowed to fight corruption.
Earlier in the week, U.S. computer security firm Mandiant issued a report that a group associated with the China's People's Liberation Army - suspected to be based in a 12-storey building near Shanghai - has stolen data from 141 global companies since 2006.
No specific companies were named, but the report said it targeted industries ranging from IT, telecommunications, aerospace and energy.
"The most recent hacking attacks certainly don't lend themselves to strengthening the strained U.S.-China relations, especially as the two countries are at a standoff related to the audits of Chinese companies," said Brian Fox, founder of audit confirmation solution Confirmation.com.
Tension has been building up in recent months between the U.S. regulatory watchdog - the Public Company Accounting Oversight Board (PCAOB) - and Chinese authorities over inspecting the work of accounting firms that audit financial books of U.S. listed Chinese corporations, Reuters has reported.
China has also come under scrutiny in recent weeks following a string of negative headlines, where various corporates have publicly voiced concerns about hacking from alleged Chinese sources.
Several media organizations and corporates, most recently technology giant Apple and social networking firm Facebook, have joined the tirade of accusations against China.
John Rice, chief executive officer of global growth and operations at General Electric, told CNBC Asia's "Squawk Box" on Wednesday that cyber attacks were a key concern for his company.
"We are really well protected but you can never let your guard down. It is getting harder to do that as the people who are doing it are getting more sophisticated. We get hacked on a regular basis and I think most companies do these days," he said.
(See Video: We Get Hacked All the Time)