Safe design doesn't mean safely built or operated. I don't doubt they are technically capable of doing it, I'm not convinced they will. They aren't really known for not compromising on safety. And seeing the direction they are going to I think that's not going to improve.

>China being a frankly fucking massive place so land is already much cheaper than the US/EU/etc.

China is virtually the same size as the US with 4x the population and more unhabitable land.