Capital Economics said the "unavoidable structural decline" in China's property sector has only just begun. AdvertisementSeveral years in and China's prolonged real estate slump has been well-documented, but the landscape may be about to deteriorate further as construction enters a deeper correction, Capital Economics said in a note Wednesday. AdvertisementResidential real estate activity in China Capital Economics, CEICSizable infrastructure support has prevented construction from falling as much as anticipated. As Capital Economics highlights, real estate construction remains an opaque measurement in China. In Capital Economics' view, Beijing will drag it out longer so that it doesn't fully materialize until 2030.

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Persons: — Organizations: Service, Economics, China Capital Economics, Capital Economics, Capital Locations: China's, Beijing, China