Mitt Romney backers reportedly plan fund-raiser in Hong Kong

Mitt Romney supporters are planning a fund-raiser on Thursday in Hong Kong, where they have already raised more than $385,000 for the Republican presidential nominee, according to the Associated Press.

The Romney campaign did not immediately respond to a request to confirm or deny the fund-raiser.

The reported event comes amid Romney’s effort to paint President Obama as weak in relations with China. Romney has vowed that if elected he will label China a currency manipulator on his first day in office, something Obama has decided not to do during his current term, despite saying during the 2008 campaign that he “will use all diplomatic means at his disposal to achieve change in China’s manipulation of the value of its currency.”

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In his own defense, Obama has pointed to other actions against China, such as a complaint his administration filed last week with the World Trade Organization accusing the Asian power of illegally subsidizing exports in its automotive industry to gain competitive advantages over the United States.

And the Obama campaign has called Romney’s tough talk on China hypocritical—a charge that could be bolstered by Romney’s fund-raising efforts there, though only US citizens and green card holders can donate to his campaign. In his time as chief executive of the private equity firm Bain Capital, and since, Romney has invested in Chinese companies.