The bolded bit is 100% correct (not sure why you put a "no" in there though).
Which is exactly what I claimed - the crisis didn't just not hurt those responsible for it, the exact opposite happened. Working class is going to foot the bill and capitalism was triumphant once more.
Not really. Large amounts of money was transfered from productive people, companies, and institutions to insolvent institutions. That is what is allowing them to continue. They can't and won't operate in capitalistic society where failure to produce means bankruptcy. Instead the require wealth transfers from productive people. "bankers" aren't a problem per se, it is insolvent banks getting the government to cover for them. There are quite wealthy bankers who earned their money honestly though hard work, in depth study, and risk taking moves.
Re: China
What is worrying about china is that in the standard "western" model political democracy (with human rights, liberalization etc) grew organically as a result of popular struggles which in turn made capitalism even more successful. Chinese authoritarian capitalism is on the other hand so successful precisely because of its despotic nature. What if their version of capitalism turns out to be more successful (in capitalist terms that is) then "ours"?
The problem is that the authoritarian or state run companies are black holes for the Chinese economy, the semi private companies are the ones making the money. Chinese state run 5 year plans have created housing bubbles with whole towns built but no one to live in them, while there are millions of Chinese homeless. It might not look a "Western style" democratic system because the Chinese are used to more authoritarian social structures, but it won't be a top down run economy.