competitive is the wrong word. It does not have to compete on price or all in lifecycle cost, because its single party state that owns everything and cant be voted out. But i do agree that if they want it, they'll make it happen.
www.kkg.ch/de/uns/geschaefts-nachhaltigkeitsberichte.html
https://www.ffe.de/en/publications/merit-order-shifts-and-th...
But chinese nuclear is built faster and cheaper vs our units even during messmer in france. So their price guarantee is lower too. Probably similar to what distributed solar got there of 0.4y/kwh in the past. Albeit subsidies for solar were cut last year to stimulate a healthier growth
China doesn't have free market in the way we have it anyway. It wasn't valid even for solar
Anyway it doesn’t matter, we’re quibbling minor semantics, when I think we agree on the main point - what happens in state run china is in no way representative of what’s possible in a free market economy.