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"For major State-owned power generation enterprises, although they can consider investing in the traditional coal power sector, short-term power surplus means higher investment risks. Companies need to consider more about acquiring existing power plants rather than building new ones, and consider market integration in the target area to increase market share," said the report by Capgemini.

"For Brazil, the infection of its president should reinforce the need to strengthen implementations of social distancing recommendations and the use of masks to mitigate the spread of coronavirus."

"Given that China is the largest trading partner and tourist destination for most economies in our region, slowdown and disruptions caused by the epidemic will affect most regional economies. We expect China to remain a key growth driver of the global economy in 2020," he said.

"Having many scattered markets has long been an important factor that makes it difficult for traders and investors to expand their business on the African continent, and hinders the economic development of Africa," he said.

"Furthermore, the speed of recovery in economic activities and oil demand growth potential in other Asian countries, including India, remain uncertain."