Article: "Stocks up as survey shows Chinese manufacturing on upswing..."
It's from the Washington Post. Here's the first part of it:
"News that manufacturing activity in China, the world’s second largest economy, grew for the first time in 13 months helped push global stocks higher on Monday.
HSBC’s Purchasing Managers’ Index rose to 50.5 in November from October’s 49.5 on a 100-point scale on which numbers above 50 indicate activity is expanding. The index measures overall manufacturing activity by surveying numerous indicators including orders, employment and actual production.
Because Chinese manufacturing is closely linked with the state of the world economy, the increase buoyed market sentiment."