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"China has made welcome progress in reducing external imbalances over several years, and the external position in 2018 was broadly in line with medium-term fundamentals and desirable policies," Lipton said.

"China could take advantage of the lower crude prices to start filling in its SPR, as the country is still shy of its target of 900 million barrels, equivalent to 90 days of the country's net imports," Luo said.

"Central banks will remain crucial to safeguarding the stability of global financial markets and maintaining the flow of credit to the economy," Tobias Adrian, the financial counsellor and director of the IMF's Monetary and Capital Markets Department, said Tuesday at a press briefing.

"China is Africa's biggest trading partner, and its private sector has managed to penetrate our markets," says Stephen Karingi, the director of the capacity development division at the United Nations Economic Commission for Africa. "It is therefore possible to examine their success and strategies to enable us to design our national strategies."

"China offers me a lot and has become a second home for me," Nkengurutse said.