Obama, Romney Vie To Be Toughest on China Three bunk beds stand stacked on top of each other in each dormitory-like room, housing 12 young Chinese laborers. They share "little bathrooms" with 10 other 12-person rooms. Outside barbed-wire fences with guard towers surround the factory compound where 20,000 women between the ages of 18 and 23 work long hours assembling small appliances, earning a "pittance" to save up for marriage. This was the scene at a Chinese factory as described by Mitt Romney during a closed-door fundraiser that was stealthy recorded and posted online Saturday. Romney was recounting a trip he took to the factory "back in my private equity days" as the head of Bain Capital when he "went to China to buy a factory there." The point of his story was to demonstrate that, as Romney concluded, "95 percent of life is settled if you are born in America." "This is an amazing land and what we have is unique and fortunately it is so special we are sharing it with the world," he said. But for a GOP nominee who has take a hard line against China, dubbing the country a "currency manipulator" and accusing it of snubbing intellectual property rights, the tale of his previous investments in Chinese factories is adding fodder to the Obama campaign's claim that Romney will outsource jobs to China rather than create them in America. Obama campaign spokeswoman Jen Psaki said Monday that the leaked video "really highlights the chutzpah he has to criticize the president." When asked by ABC News' Jon Karl about the surreptitiously shot video, Romney senior adviser Ed Gillespie handed off responsibility to Bain. "As for Bain, you know that video is old, you can call Bain and ask them what they did in terms of investing on it, I don't have any information on that," Gillespie said. A person familiar with Bain's activities told ABC News "we didn't buy the factory." The leaked fundraiser video comes just days after the Romney campaign shifted its advertising focus to attack President Obama for "failing" to be tough against China's "cheating" trade practices. In an ad released Thursday Romney accuses Obama of watching 582,000 U.S. manufacturing jobs disappear since he took office while China's share of world manufacturing outpaced America's for the first time in history. "President Obama promised to take China 'to the mat,' but instead he has allowed China to treat the United States like a doormat," Romney campaign spokeswoman Andrea Saul said. Mitt Romney will stand up for American workers, make sure China plays by the rules, protect intellectual property rights, and ensure that more jobs are created here in America. The Obama campaign fired back on Saturday, releasing a video of Obama's deputy campaign manager Stephanie Cutter saying Romney outsourced American jobs to China while at the helm of Bain Capital and still holds investments in Chinese companies. And in Ohio on Monday, Obama sought to defend his record on China, announcing that his administration is bringing another complaint against China to the World Trade Organization claiming the country is unfairly subsidizing auto parts to draw auto manufacturing to China. "Those subsidies directly harm working men and women on the assembly line in Ohio and Michigan and across the Midwest," Obama said at a campaign rally this morning. It's not right; it's against the rules; and we will not let it stand. This is the second complaint the administration has launched against China in the past two months. Both charges have come during a week that Obama has campaigned in Ohio, where 13 percent of the state's residents works in manufacturing. In July Obama challenged the duties China collects on U.S.-made automobiles, claiming the duties are "unfair" and disproportionately harm automakers that received bailout money. The president also re-doubled his criticism that Romney outsourced jobs to China, a line that his resurfacing from the summer campaign as both men refocus their attention on the economy in key battleground states like Ohio "Now, I understand my opponent has been running around Ohio claiming he's going to roll up his sleeves and take the fight to China," Obama said during his Cincinnati speech. But here's the thing: his experience has been owning companies that were called 'pioneers' in the business of outsourcing jobs to countries like China. Pioneers! Ohio, you can't stand up to China when all you've done is send them our jobs. According to a Boston Globe analysis of Romney's financial disclosure reports, Bain Capital invested in at least two Chinese manufacturing companies while Romney was in command. One was a household appliance company in Dongguan, China and the other was a washing machine manufacturing company that sold its Chinese-made products primarily to Americans. Romney personally invested at least half a million dollars in a Chinese electronics company, although his campaign said his investments are now in a blind trust and not managed by Romney. Romney responded to the president's speech Monday, saying Obama's latest World Trade Organization complaint was "too little, too late for American businesses and middle class families." "President Obama's credibility on this issue has long since vanished," Romney said.