HONG KONG — Congratulations to President-elect Barack Obama and to the people of the United States of America, some of whom lined up for five hours to vote, for their stunning victory. Bill Bennett, a former Republican Cabinet secretary under Ronald Reagan, commented that "the country has grown up."

It is a true triumph of the American dream, and what other country can offer such a dream!? Not China, not Europe, not Japan, not India, not anywhere in Africa.

It is breathtaking to consider that the son of a white mother and a black foreigner father, brought up by his mother as a single parent and then by her white parents, has been elected to the most powerful office in the world.