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Chinese can make huge investment mistakes also, and due to the nature of their economic system, they can keep on the wrong side for years, if not decades (read
by otherme123 3y ago
Chinese can make huge investment mistakes also, and due to the nature of their economic system, they can keep on the wrong side for years, if not decades (read about their massive real state bubble). The economy of the US is quicker to discover investment mistakes and adapt.
This doesn't mean nuclear is a mistake per se, but if the central government decides nuclear is practical, and it turns out they are wrong, it's very probable they keep building them and then some well after they are costing more money than they produce. In the US the investors would go bankrupt, and the plant development abandoned.