Don't joke with me. The population of China is 1,3 billion. 2 dollars per people is nothing and is 2,6 billion.
I mean if they want to save their industry they will do it, because if they lose this historic oportunity to be independent they will import expensive coal, oil and gas and intoxicate more and more. Anather question is that the international cartels and monopolies will not allow they to play.
to play as they like but they may cooperate with the international mafia. If they invest everything in nuclear they may have problems like Fukushima and Chernobyl and din't forget, uranium has price that may grow.
First Chinese banks are not in fine shape, especially on loans to local governments, they are way in over
their heads. Because of this the PRC allowed these banks to rollover their debt a year ago. At some point
the piper has to be paid. Do you think these banks want to roll over more debt, by throwing good money
after bad. Who will be the ones they leave to stand, it's guesswork.
As for the nuclear option, I answered you on another post with a short answer. China is building another
29 nuclear plants, and not only that their goal is to become the leader of selling nuclear plants to the rest
of the world. They can't make an egg beater that lasts a year, and a country would want to buy nuclear reactors from them?