President Xi Jinping hailed China's "reconstructive reforms" in a New Year speech, but the sorely needed changes could be put on ice in favour of averting a potentially devastating economic downturn.The way ahead is further complicated by a volatile trade dispute with the United States (US) that – if unresolved – will add to the burden of Beijing’s policymakers as they seek to fuel an economy that is running out of steam.Beijing has for years come under pressure to introduce mu