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I'm aware of the history, I just don't think it's a good description of the situation today. "Second World" is a term from when Russia was also calling itself communist and operating on a more similar economic system to China, even if tensions over the specifics and influence led to the Sino-Soviet split. It's not particularly applicable in that sense to modern Russia, which has gone through some changes since the breakup of the Soviet Union, and the wiki article even points this out.
Not much has changed in their relationship even if both Russia and China no longer practice socialistic economy. They are de facto capitalist countries.
The difference to other capitalist countries is only who they trade with, and because of the sanctions from the countries previously known as first world, their only trade partners are each other.
China has not sent military assistance to Russia, but hey have increased their coal imports, enabling Russia to continue war production.
This isn't even close to being true. Germany and Australia alone each account for more of China's trade than Russia does. Trade between China and the EU or US dwarfs trade with Russia. Not to mention all the nearby large economies like Japan, South Korea, Indonesia, and Vietnam.
If it comes down to nothing but money, China will never throw in with Russia because it makes enormously more with North America and Europe. There's a clear incentive to play both sides of course, but if forced to choose then there's only one obvious answer in financial terms.
Yes sorry. Russia's only trade partner worth mentioning is China. China still trades with everyone, but as he article suggests it might not be as easy for them in the future.