The impact on global supply chains from COVID-19 could be huge, particularly in Latin America, where the Asian giant is the second-largest trading partner. 

Chile, which sells about a third of its exports to China, has been hardest hit.

It's the world's biggest copper exporter and shipments have been held up.

Tonnes of its fresh fruit like cherries and grapes have also been delayed.

"There are two principal problems; the transportation of the product and the delays, on taking it from the exporter to the final customer, and the low prices of those products in the market," said Sebastian Osman of Araya & Cia.

China's growing demand for grapes, blueberries and avocados has made it a crucial market for Chile and Peru in recent years.

Last week, Peru suspended fish exports to China, but the country's ambassador to Peru, Liang Yu, is optimistic.

"As for trade between China and Peru I don't believe it will be affected because the accumulated demand will surge and throughout the rest of the year, imports of copper and other typical products like Peruvian fruit will remain constant and have normal growth," said Chinese Ambassador to Peru Liang Yu.

But experts don't believe that Peru and other Latin economies are out of danger yet.

Experts say Chinese investment is likely to remain slow amid the continued uncertainty around the coronavirus.