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Editorial: China needs to get serious about its reform pledges to realize stable, sustainable growth

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A crane at a construction site is silhouetted against the rising sun in Beijing.   © Reuters

China's economic deceleration appears to be continuing. The country's gross domestic product grew by 6.7% year on year in the January-March 2016 quarter, the slowest growth since the January-March term of 2009, just after the Lehman shock of 2008. Any signs of problems in the Chinese economy are bound to have impacts on the world economy. The Chinese government should take steps to heighten growth potential for the medium to long term, such as an overhaul of state-owned enterprises.

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