Jamie Dimon Quickly Backtracks on Mild China Joke – ryan

I didn’t mean what i clearly meant!
Photo: Michel Euler – Pool/AFP Via Getty Images

Well you’re one of the Most Powerful Financial in America, it seames you need to watch what you say about china.

Speaking on a panel at the boston college chief executives Club on Tuesday, JPMORGAN CEO JAMIE DIMON CRACKED A FAIRLY MILD, IF POLITICALLY TACTless, JOKE: “I was just in hong kong and i Made a joke that the communist party is Celebrating it is Celebrating it is Celebrating said. “So is jpmorgan. And i’ll make a bet we last longer.”

Dimon added, “I can’t say that in china. They probably listtening anyway.”

Apparently, he can’t say that in america eather.

By Wednesday, after Having “Internal Discussions” with His Bank’s Government-Relations Team, for BloombergDimon tried to do some cleanup. He said in a staff, “i regret and should not have made that comment. I was trying to emphasize the strengh and longevity of our company.”

AS BOOOMBERG NOTES, JPMORGAN CHASE HAS $ 20 BILLION OF EXPASE IN CHINA, SO Offending XI JINPING COULD HAVE MAJOR FINANCIAL REPRESSIONS. And there is little evidence that the man can take a joke. To take one example of His Sensitivity: In 2018, Chinese Censors Banned The Release of the Movie Christopher Robin Because of XI’s Resemblancing to Winnie the Pooh.

The forces-to-no-on-china-chomments is a now-familiar cycle in western industries that have away stakes in the World’s Second-Biggest Economy, Like the Movie Business. Western sports leagues have also toed a very cautious line – though the recent disappearance of pebble shuai may have Changed that calculus.