that is largely accurate. China has a narrow internal focus and glaring holes in its spectrum of power that would not allow it to provide russia with the degree of support substantially different in substance from studied neutrality.
On a positive (or negative depending on your POV), Russian Roulette is probably unpopular and a lot of stupid people won't be killing themselves.
The US is still playing Russian roulette by putting the revolver to the head of the US dollar’s status as the universal reserve currency, pulling the trigger, and seeing the brains get blown out this time or if it might take one or more pull of the trigger later.