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Casarin described Ecuador's economy as fragile.

Central Asia is now forecast to grow 4.6 percent in 2019, up from the previous prediction for expansion of 4.4 percent. The forecast for 2020 is for growth of 4.5 percent.

Castillo's remote impoverished village has been without electricity for decades until this month when the Chinese company State Grid Corporation of China donated solar stations to the community.

Car ownership is steadily rising in Asia's third-largest economy, where four million new cars were sold in 2016. PriceWaterhouseCoopers expects annual sales to grow to nearly seven million by 2022.

Carmakers are revving up production as well. The 2.19 million vehicles made in May represented an increase of 18.2 percent from the same month last year.