News Summary: China manufacturing improves -survey
RAMPING UP: A survey by HSBC found that China's manufacturing improved this month. the data showed strong gains from September, and adds to signs a recovery might be happening after a sharp slump.
NEW TREND? It adds to data last week that showed retail sales and investment picking up. Economic growth in the quarter ended in September fell to a three and a half year low, but the decline was gentler than previously.
WORLD VIEW: The Chinese numbers are encouraging news for the world economy, which has slowed as Europe's chronic debt crisis worsened and the American economy stagnated.