China-bashing on the campaign trail

WASHINGTON (AP) — While U.S. presidential candidates talk tough about what they see as China's unfair trade policies, one fact gets little notice: Chinese companies are investing more than ever in the U.S. and supporting thousands of American jobs.

With two separate billion-dollar deals in a struggling chain of movie theaters and in shale oil and gas, as well as other major ventures in the works, investment from China is set to hit record levels in 2012. Its cash-rich companies have expanded their presence here in the past three years, eager to tap the lucrative American market and U.S. knowhow.