China's Manufacturing Picks up in October

A worker of a company processes galvanized products in Qingdao, east China's Shandong Province, Nov. 1, 2012. China's manufacturing activity saw an increase in October, official data showed Thursday. The purchasing managers' index (PMI) rose to 50.2 percent in October from 49.8 percent in September, just above the 50-percent figure that demarcates expansion from contraction, according to data released by the China Federation of Logistics and Purchasing (CFLP). [Xinhua]