The race to the White House is over.Democrat, Barack Obama, has claimed victory over his Republican rival, John McCain, to become the next President of the United States.Profile-U.S. President-elect Obama
While addressing more than 200-thousand supporters on election night, the president-elect Obama acknowledged the enormous challenges, both domestic and international, he faces.
Obama´s economic plan calls for tax rebates, a foreclosure prevention fund and assistance to states hardest hit by the housing crisis to help "jump start the economy."
Obama opposed extending 2003 Bush tax cut law through 2010.
Obama´s health care plan would require all children to have health insurance and all employers to contribute to their employees´ health insurance costs.
Obama said he would ensure that every trade agreement has the labor standards, the environmental standards and the safety standards to protect workers and consumers.
Obama has been consistently a critic of the Iraq war, saying it diverts attention from fighting al-Qaeda and the Taliban in Afghanistan.
The Chinese government says it´s willing to work with US president-elect Barack Obama and his team for healthier and more stable Sino-US relations.
Democrat Barack Obama won the US presidential election late on Tuesday night, making American history. Now, let´s take a look at what his economic policy towards China may be.