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Mastering China's long game

The Mercury

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October 23, 2025

A NEWLY designated Special Economic Zone, it buzzed with the anxious energy of a nation just cracking open its doors to the world.

Yet, it was a provincial backwater, a port city where the entirety of its international trade aspirations rested on the shoulders of just two aging gantry cranes.

Facing a chorus of competing advice — some urging the blind imitation of Singapore’s development model, others paralysed by pessimism - the city’s new vice mayor, 32-year-old Xi Jinping, resisted the temptation of easy answers and short-term fixes.

It was his first posting in a coastal region and first time managing the complex machinery of a modernising city. Rather than improvising, he called for a blueprint. Not a makeshift plan designed simply for his term of office, but a generational strategic vision stretching 15 years, to the dawn of 21st century - the year 2000.

It was a move of radical foresight.

“We cannot focus solely on the immediate,’ he later warned his colleagues, arguing that reactive governance would lead to confusion and a loss of direction.

The resulting document, the 1985-2000 Xiamen Economic and Social Development Strategy, made an audacious claim. It predicted that the world’s economic centre of gravity would inevitably shift from the Atlantic to the Pacific, and that Xiamen, with its deep-water port, was perfectly positioned to become a pivotal hub linking China to rest of the burgeoning Asia-Pacific economy.

MEER VERHALEN VAN The Mercury

The Mercury

The Mercury

G20 Summit in South Africa: A success for MSMEs despite the absence President Donald Trump

SOUTH Africa has officially done the unthinkable: pulled off the first-ever G20 Summit on African soil, smoothly, stylishly, and with enough gravitas to make global leaders nod thoughtfully while sipping rooibos tea.

time to read

3 mins

November 27, 2025

The Mercury

GBV: CYRIL MUST SHOW US THE MONEY

PRESIDENT Cyril Ramaphosa’ classification of gender-based violence and femicide (GBVF) as a national crisis is just empty words without a concrete plan on how to financially capacitate the organisations at the forefront of curbing the scourge.

time to read

1 mins

November 27, 2025

The Mercury

AmaZulu, Durban City chase wins

AMAZULU could climb to third in the Betway Premiership standings if they beat Richards Bay in the KZN derby tomorrow evening (7.

time to read

1 mins

November 27, 2025

The Mercury

Net salaries remained unchanged in October - PayInc Net Salary Index

NET salaries remained unchanged in October, according to the PayInc Net Salary Index, which tracks the average nominal net salaries of around 2.

time to read

2 mins

November 27, 2025

The Mercury

R60bn class action lawsuit against banks hits critical stage over inclusion of new evidence

THE long-running R60 billion class action bid against South Africa's major banks reaches a critical procedural stage today as the Gauteng High Court will hear an interlocutory application that could determine how much evidence will ultimately be allowed before the court.

time to read

2 mins

November 27, 2025

The Mercury

The Mercury

From grovelling to greatness: Proteas conquer their Everest

GROVEL.

time to read

3 mins

November 27, 2025

The Mercury

Cost of household food basket eases slightly in November, but affordability crisis deepens

THE Pietermaritzburg Economic Justice and Dignity Group’s (PMBEJD) Household Affordability Index for November shows a slight month-on-month decline in food costs, but civil society groups warn that nutritious food remains out of reach for millions of South Africans as the festive season begins.

time to read

2 mins

November 27, 2025

The Mercury

The Mercury

How innovative South African SMEs are thriving through digital transformation

RECENT reports of an uptick in business liquidations in South Africa, 145 in October alone, may have understandably set off alarm bells about the health of the country’s small business sector, but while closures have a profound impact on communities and livelihoods, they don't tell the full story.

time to read

2 mins

November 27, 2025

The Mercury

Major upgrade work underway at Nelson Mandela Capture Site

THE Nelson Mandela Capture Site in Howick is seeing a significant surge in international tourists as the heritage destination undergoes major infrastructure upgrades, including a new access road, improved parking, a gatehouse, and stormwater systems.

time to read

1 mins

November 27, 2025

The Mercury

OPEC+ nations again face thorny issue of how much they can pump

OPEC+ nations gathering this weekend are once again grappling with the thorny question of how much oil they're physically able to pump.

time to read

2 mins

November 27, 2025

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