Inflation sticks at highest level since May 2012

The rate of inflation stayed at its highest level for almost a year in March, keeping up the squeeze on consumers.

China's urban migrants hold key to domestic demand

SHANGQIU, China (Reuters) - Liu Tao knows he will never be rich enough to own one of the luxury apartments in Beijing that he has been paid to decorate for more than a decade, but he's saving hard so that in another 10 years he'll have enough for a home with indoor plumbing.