Here is a function I wrote to solve this issue (assuming tag has no attributes). This function will keep HTML formatting in the node:
function getAsXMLContent($xmlElement)
{
$content=$xmlElement->asXML();
$end=strpos($content,'>');
if ($end!==false)
{
$tag=substr($content, 1, $end-1);
return str_replace(array('<'.$tag.'>', '</'.$tag.'>'), '', $content);
}
else
return '';
}
$string = "<element><child>Hello World</child></element>";
$xml = new SimpleXMLElement($string);
echo getAsXMLContent($xml->child); // prints Hello World