I won't ask you what impact you think that has on, say, steelmaking, because I've lived it. I've picked the tenders and the Euro steel was not competitive with Chinese steel if it was free, due to uncertainty in delivery date.
China spent approx 2x Hinkley Point on nuclear. It has 30 GW of capacity in return. That works in winter. I would do nasty things to get that for my country.
(1) Naturally, French nuclear is literally not allowed to access this price, and must sell at 45. Because FREE MARKET.