China’s industrial sector showed the strongest profit growth in three months in November, suggesting the world’s second-largest economy was improving, though policymakers noted gains were too dependent on rebounding prices for oil products, iron and steel. Industrial profits have had a solid rebound this year after falling last year, boosted by a recovery in commodity prices as supply tightened due to a capacity reduction drive and an infrastructure boom. Profits in November rose 14.5 percent to 774.6 billion yuan ($111 billion) from a year ago, the highest since August’s record 19.5 percent spike, National Bureau of Statistics (NBS) said on Tuesday. Profits in October rose 9.8 percent. Industrial profits rose 9.4 percent in the first 11 months from a year earlier, up from 8.6 […]