You are naturally correct and I have corrected my statement. I intended to refer to the West but my wording was factually incorrect.

China has invested so much for so long into nuclear technology that they now have the industry which Europe once had. And to rebuild the same type of industry would take the same amount of effort that China had to do. Meanwhile, the US can't even build their own warships anymore.

> China has invested so much for so long into nuclear technology... And to rebuild the same type of industry in the EU would take the same amount of effort.

You're factually wrong.

China started from 0 but the EU has kept building reactors, the French Areva/EDF finished three advanced 1600 MW reactors just 6 and 2 years ago. They are also building two reactors of the same type in the UK as we speak. The EU has never lost the expertise necessary for building nuclear reactors, they have actually advanced the state of the art since the end of the initial European wave.

Don't be confused by the lack of finished reactors in the EU, 2 of the completed Areva plants are in China and were built for a third of the time and cost of the same type reactors currently under construction in the UK. Therefore:

1. Looking at completed reactors in the EU cannot be used for judging the level of Nuclear Power Plant (NPP) expertise in the EU.

2. Cost overruns in Europe are due to politics and civil engineering chaos there while the EU's NPP expertise is the best in the world.

3. Technology-wise, a new EU buldout of NPPs won't start from zero but from the the very top of the NPP technology ladder.