You argument seems rational, but I think it is based on a questionable premise. Why would the Chinese want to cooperate with Clinton's scheming and "veto anything that comes to the table?" I would think that a more rational strategy for them in such situation would be to work in tandem with Russia for a peace plan that would have a maximum embarassing effect for Clinton and his Euro cronies.
Honestly, I think there may be a war machine running with clueless arrogant idiots at the driver's seat.
Wojtek