China’s prolonged property downturn: Analyst sees 40% correction by 2030

Sam Radwan of ENHANCE International, says sentiment in China towards the real estate market remains bearish and the downturn would likely continue to 2030 or beyond. He predicts a further 40% correction by then. While policymakers do view this as a priority, there’s not much they can do about it as this is a systemic issue.Original Article