Putin is in a weak position. That is why he mentioned recently how he's not fuckin around (bluffing) this time with nukes.
Also in a recent meeting with his buddy Xi, he mentioned Taiwan and how Russia backs China on Taiwan. But China didn't mention Ukraine and Chinese state media is even calling for cease fire on both sides. Because China, is or was a friend of Ukraine. That may or may not have offended Russia, who knows...
The truth is Russia can't take on NATO/USA alone in a conventional war. Neither can China take on the US Pacific fleet and the F-35s, F22s, B2 bombers, and F-15s and needs Russia as well. China realizes it needs a Eurasian buddy (Russia) to secure its Eurasian trade routes in case China loses in the pacific and the US pacific fleet controls the shipping lanes.
I truly don't think that the world wants a western led world order. Countries in Latin America, Africa, and Eurasia (And South Asia), view America and its western allies, as hypocritical, racist, globohomo bullies that practice economic terrorism and coercion. That is why BRICS is even a thing. The only legitimate American nuthuggers I can think of is South Korea and the Philippines. Koreans historically, have always been known to be submissive nuthuggers to the hegemon of the time.