China’s factory activity rebounds in December after an 8-month slump

China’s National Bureau of Statistics reported that manufacturing bounced back in December. Chinese factory activity expanded for the first time in eight months in December, as orders picked up ahead of holidays and builders rushed to finish projects, according to surveys released Wednesday.The official purchasing managers index for manufacturing, a monthly survey of companies, rose to 50.1 this month, the National Bureau of Statistics reported. That was just above the 50 cut off for...