BREAKING NEWS

China says Obama win offers opportunity to mend ties

By REUTERS

NOVEMBER 7, 2012 12:44

BEIJING - China's official media said on Thursday that ties with the United States were uneven in US President Barack Obama's first term and mutual trust was "whittled down", but his re-election offered an opportunity to put the relationship back on track.

A commentary issued by state-run Xinhua news agency shortly after Obama's election win seemed to indicate a sense of relief that continuity will be assured as Chinese leaders embark on their own transition of power. But it acknowledged that sore issues remained between the world's largest and second-largest economies.

"As the two countries have been ever more economically interwoven, a new US government perhaps should start to learn how to build a more rational and constructive relationship with China," Xinhua said.

"The new Obama administration perhaps should bear in mind that a stronger and more dynamic China-US relationship, especially in trade, will not only provide US investment with rich business opportunities, but also help to revive the sagging global economy."

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