The Moon nuclear facility is excellent plan indeed. Not sure about China, but in Russia the nuclear lobby is very strong and powerful. As usual, that'll be a government initiative and the things will be done in not the most efficient way. But the other governments will be forced to build similar installations there out of competition, perhaps in more creative ways. Consider the latest trend, a small modular reactors
https://en.wikipedia.org/wiki/Small_modular_reactor. The smaller the better so more units can be sold. The sweet dream of that guys is to plant their toys under each kindergarten providing us with clean, safe and reliable energy source. If that guys will be provided with the opportunity to pursue their goals elsewhere (e.g. on the Moon) that'll be effectively good for all.
I'm not sure we need more energy. Every living thing demonstrates the capability to exist with available energy sources. The problem is definitely not on the supply side. More energy often creates more problems. E.g., in Alaska and some places in Nothern California, it's close to misdemeanor to dump the food leftovers to outside garbage buckets, because of the bears. The bears are happy with the extra food, so they're growing in numbers making the situation worse. It's not the only example. The UHD IV, the "big battery for everyone" scam, etc., etc.
So if all those with inflated ambitions and raised expectations will migrate to the Moon (taking their breed with them) many will be happy just by not seeing them here. Although Mars seems a better crusade target because it's more far away so more chances all the conquistadors will die off there and never be back. By the way, there must be a plenty of gold.