JPMorgan Chase & Co CEO Jamie Dimon said on Wednesday the United States and China need to have 'real engagement' to resolve their tricky security and trade matters.
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., pauses as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. REUTERS/Marco BelloCEO Jamie Dimon said on Wednesday the United States and China need to have "real engagement" to resolve their tricky security and trade matters.
Dimon is on his first visit to China since the beginning of the COVID-19 pandemic and his first since he joked in 2021 that JPMorgan will outlast China's Communist Party, sparking outrage in China and prompting him toThe CEO of the biggest U.S. bank said the countries' disputes over security and free and fair trade issues are all "resolvable", and that he favours East-West "derisking" rather than decoupling.
The communist party chief of Shanghai shook hands with Dimon on Tuesday, telling him the city hoped the bank would continue to promote investment in the financial hub by international financial institutions.
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