thats, not true at all. Safety costs a little, but they are fundamentally massively complicated, huge, specialized, EXPENSIVE things to build. They require 100s of staff to run at all times. The insurance is so expensive only nation states can back them. The economics are flawed because on modern grids with cheap renewables, they will never pay back the ridiculous up front capex. Relaxing regulations changes very little about this situation.
China and Koreas are massively state subsidized (koreas 51%, chinas 100%). Which obscures the real cost, and these state enterprises dont have to pay insurance or decommissioning. Which is the only way you can make them work today - massive state subsidies.
if your argument is "well without regulations someone could build a reactor that somehow avoids all these economic constraints" . Maybe, but today thats a fantasy.