China's Factories Surprise with Growth After Eight-Month Slump

China's factory activity unexpectedly grew in December, ending eight consecutive months of contraction. The official manufacturing Purchasing Managers' Index (PMI) rose to 50.1 last month, up from 49.2 in November. A reading above 50 indicates expansion. The result beat market expectations, which predicted a reading of 49.6. The data, released by China's National Bureau of Statistics, suggests a modest recovery for the sector. However, analysts warn it may be too early to declare a sustained turnaround. They note persistent economic headwinds, including weak global demand and domestic market challenges. The slight expansion signals stabilization but not necessarily strong future growth.