1. Xi Jinping and Barack Obama: two leaders facing very different crises  (Guardian)
China's new leader faces deeper challenges than the US President, writes Timothy Garton Ash. We must hope they are met: it could be a matter of war and peace.
2. A good day for Cameron, but a rout for the Tory right’s vision  (Daily Telegraph)
Cameron and Osborne must learn from Mitt Romney’s defeat and rethink Conservative election strategy for 2015, says Peter Oborne.
3. Obama shattered the GOP’s delusions (Financial Times)
Republicans have been evicted from their state of denial, writes Simon Schama.
4. Barack Obama's second term: change he can believe in  (Guardian)
The change that Obama heralded before his first term as president may finally be on its way, says a Guardian editorial.
5. Beware a modern Salem over child abuse  (Times) (£)
Pursuing witch hunts is as dangerous as ignoring victims, writes David Aaronovitch. Don’t launch inquiries on the back of lurid claims.
6. President has allies to unlock Congress (Financial Times)
Obama and businesses seeking stability can help each other out of a fix, writes John Gapper.
7. The debate about wealth must start with morals  (Guardian)
We often end up arguing for equality on the basis of outcomes, rather than principle, writes Zoe Williams. But decent pay is only fair.
8. It’s time for a Republican Party clear-out  (Daily Telegraph)
The party's sound economic policies are being drowned out by the strident voices of dubious fringe figures, writes Anne Applebaum.
9. Obama's victory is a triumph for science over superstition  (Independent)
Karl Rove, and the delusional wing of the Republican party, will be forced still deeper into their reality-defying bunker, writes Matthew Norman.
10. New dawn? This looks more like a new dusk  (Daily Mail)
The second Obama term will increase the deficit, further diminishing America’s economic power and credibility, says Simon Heffer.