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Arbache said China had expressed strong interest in Brazil's ongoing privatization programs. The Brazilian government, he said, is expecting the participation of Chinese firms in the privatization of Brazil's largest power company Eletrobras later this year.

As Bitzer explained, the home appliance market in China will not demonstrate a significant increment in amount in the next few years, but rather mature with the consumers showing more demand for premium and highly featured products.

Argentina, which registered its first case of COVID-19 on March 3, reported a total of 268,574 confirmed cases and 5,246 deaths as of Thursday.

As China's largest private carmaker, Geely reported revenue of 36.82 billion yuan (.3 billion) and net profit of 2.32 billion yuan for the first half of 2020, down 23 percent and 43 percent respectively year-on-year, because of the impact of the novel coronavirus.

As China's largest air hub, Beijing Capital International Airport handled around 67,000 flights transporting 10.98 million passengers during the 40-day period.