The economic case for nuclear is mostly what keeps it from being built in the USA. The USA built a lot of nuclear power plants in the 70s/80s, and they didn't really pay off even with the government providing free insurance coverage. Likewise, today it is even harder to make the case for a new nuclear power plant since renewables are much cheaper on a kW basis.
Chinese regulation is neither too high nor too low. It would be impossible to build a nuclear plant if the government didn't firmly back it, otherwise there are no barriers that it can't ignore.
Chinese regulation is neither too high nor too low. It would be impossible to build a nuclear plant if the government didn't firmly back it, otherwise there are no barriers that it can't ignore.