Michelle Caruso-Cabrera

Today on Capitol Hill, Apple's CEO Tim Cook said the current tax code make it very expensive to bring cash home, with CNBC's Michelle Caruso Cabrera, and Frank Clemente, Americans for Tax Fairness.

CNBC's Michelle Caruso-Cabrera reports on a Chinese company that plans to manufacture products in the United States and then sell them to Chinese consumers. And, Thilo Hanemann, Rhodium Group, discusses how the Chinese are making more direct investments in the U.S.

Chinese investment in the U.S. is extremely controversial, with CNBC's Michelle Caruso-Cabrera; and Gordon Chang, author of 'The Coming Collapse of China,' says the U.S. needs to be careful because the Chinese want to control Hollywood.

A company owned by the Chinese government is building schools in South Carolina and fixing bridges in NY State. Still, China Construction of America, wants to be seen as an American company, reports CNBC's Michelle Caruso-Cabrera.