U.S.-China ties to improve under re-elected President Obama: U.S. official, experts (3)

"I think there is a recognition in the Obama administration ... that China is an important trade partner for the U.S., not an enemy to be feared of," he said.

Spence believed President Obama's policy toward China has been measured and controlled, and if the economic development can be brought back to balance, it will benefit both China and the United States.

"I believe, economically, the relationship between the two countries will continue on a positive path."

Former Chicago Mayor Richard Daley, who is traveling in Singapore, predicted President Obama's win in the election. He told Xinhua via his Chicago office that President Obama "will continue to foster good relations between the U.S. and China because doing so is good for both countries."

Among the many roles that Daley has been working on since his departure from Chicago's City Hall is co-chair of President Obama's 100,000 Strong Initiative, which aims to increase the number and diversify of American students studying in China.

"Whenever there is better understanding of other cultures - their economy, their traditions, their priorities for education - it is a win-win for both sides," he added.

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