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"Chinese investors have the ability to add value to our economy, create more jobs and boost our export value. They are certainly welcome," he said addressing hundreds of Chinese investors exhibiting in the event.

"Compared with the last Great Recession caused by the 2008 global financial crisis, what makes the recession this time so 'grand' is not just in terms of how many jobs we're going to lose, but results from the fact that we're going to be led to a historical turning point in terms of geo-economics," he warned.

"Constant contact and close coordination are the best medicine to ensure that the economic pain inflicted by the virus is relatively short-lived," Georgieva wrote in a blog, which is part of a special IMF series on the response to the coronavirus.

"Competition among online retailers will concentrate on new technologies, logistics networks and supply chains. E-commerce players should expand their offline consumption offerings and apply more cutting-edge technologies," Cao said.

"Chinese tea companies still have a long way to go before they can get more Moroccan consumers to recognize and consume Chinese tea," he said.