FTSE surges on positive China data

As of 10.30 GMT, the FTSE 100 was up 1.06%, or 55.35, to 5299. Morning winners include Xstrata, Kazakhmys and Rio Tinto, whose strong showing was powered by figures showing China's industrial production grew last month at its fastest pace since June 2007. Legal & General and Admiral Group are both down. The Dow Jones also finished in positive territory at the close of trading yesterday, up 0.67%, or 68.78, to 10,405, with shares seemingly unaffected by disappointing unemployment figures. Sentiment was boosted, however, by news of a better-than-expected US trade deficit, which stands at $...