Filter by Categories

The Great Game – The Chinese Subscription Plan

As Xi meets Putin - what is the Chinese endgame? What are they hoping to gain from supporting Russia? And how is this connected to your Tesla? To understand that, we must understand the Chinese subscription model!
2023-03-23

What is the Chinese actually looking to gain from keeping up support for a more and more delapidated Putin regime? That’s a question I get a lot and the suggested answers are plenty – are they hoping for the Americans to hand them Taiwan in exchange for Ukraine? Are they hoping to draw the Americans into an exhausting war while cheering on from the sidelines? What’s the endgame? My answer is a completely different one. Just like almost anything else in these 2020’s, it’s all about subscription models. And hard currency. More on that later.

A couple of weeks ago the legendary Chinese diplomat Wang Yi went for a European Tour to plant seeds ahead of president Xi’s visit to Moscow this week. Wang didn’t just bring nice words, however – he also had a Chinese peace plan in his suitcase. The Chinese had as usual taken a dive into the history books and found an obscure old division of Ukraine info “left- and rightbank Ukraine”, which they then thought would apply really well to a 21st century setting. The entire area east of the Dniepr was to be de-militarized Korea style and then the Ukrainians would accept becoming a diplomatic no-mans-land as a pure buffer zone between Europe and Russia. We’re only used to Americans being so self-confident that they sit in their Washington office and draw up peaceplans for a conflict in a remote part of the world, but it seems that the Chinese have arrived at that junction too. The Russians were of course over the moon, but in Western capitals the Chinese peace plan only met shaking heads.

Fast forward to this week,

As Xi meets Putin – what is the Chinese endgame? What are they hoping to gain from supporting Russia? And how is this connected to your Tesla? To understand that, we must understand the Chinese subscription model!

You need to login or sign up to one of our member plans to see this. Login

0 Comments

STENO RESEARCH IS JOINING REAL VISION

From July 2025, Steno Research is joining Real Vision to create the ultimate macro research product for you!

As a subscriber, this means the following:

Yearly subscriber: For legal reasons, we cannot transfer your pre-paid subscription directly. You need to register with Real Vision and then we’ll transfer your pre-paid subscription quickly afterwards. Simply go to https://www.realvision.com/free and sign up - and then we’ll take care of the rest! We will shut down service of Steno Research on July 31st, so be sure to make the transfer to keep receiving our content.

Already a RV subscriber?
Please check that you are using the same e-mail. If yes, you don't need to do anything. If not, please contact [email protected].

Monthly subscriber: Your current monthly subscription with Steno Research will end during July (31st at the latest). To continue accessing our research (and more), you’ll need to sign up for a Real Vision membership. Check out your options on: https://www.realvision.com/pricing

For Institutional Clients:
- Your access has been moved to our new institutional offering at NowcastIQ.com
- If you haven’t been moved already, please contact [email protected]