Profits at China’s industrial firms grew at the fastest pace in eight months in November, but broad weakness in domestic demand remains a risk for company earnings next year. China’s industrial sector has faced persistent pressure in the past year, with manufacturers battling sluggish demand and a profit-denting trade dispute with the United States. But recent factory activity surveys have pointed to a nascent recovery in the manufacturing sector, following Beijing’s accelerated stimulus measures to steady growth. Industrial profits in November rose 5.4% from a year earlier to 593.9 billion yuan ($84.93 billion), snapping three months of decline, as production and sales quickened, data from the National Bureau of Statistics (NBS) showed on Friday. That compared with a 9.9% drop […]