China's economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official

• China will find it hard to sustain an economic growth rate of 4% to 5% in the next few years, economist Eswar Prasad told Nikkei.
• Beijing is moving in to support China's flagging economy and market meltdown.
• But, a Trump presidency could help Beijing further its economic and political influence globally.

China is taking steps to support its economy and stock markets, but there are limits to what can be achieved, said economist Eswar Prasad.