Workers assemble mechanical pencils and trays at the A.W. Faber-Castell (Guangzhou) Stationery Co. factory in Guangzhou, Guangdong province, China, on Tuesday, Nov. 26, 2013. The Purchasing Managers' Index from HSBC Holdings Plc and Markit Economics, a Chinese manufacturing gauge, declined for the first time in four months, adding headwinds to a recovery in the worlds second-largest economy as leaders start to implement the broadest policy reforms since the 1990s. Photographer: Brent Lewin/Bloomberg via Getty Images