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The economy grew 1.3 per cent for the whole of last year.
Beijing's cautionary note came as other euro-sceptic leaders in the European Union called for their countries to follow suit.
Over $5 trillion in ship-borne trade passes through the sea annually.
The worst hit are countries which have relied on oil exports as a major source of income.
The Ministry said these are "attempts to generate public hysteria" and "perceptions of government ineptitude".
Lackluster demand from its major export markets is hurting the South African economy.
The US embassy said it had received information that Islamist terrorist groups were planning to attack tourist hotspots in South Africa.
March leading indicator increased by 0.3% month on month.
Last year, the G20 launched a new grouping aimed at boosting the role of women in global economic growth.
Zuma, accompanied by Trade Minister Rob Davies, also addressed the South Africa-Qatar Business round table in Doha.