![]() ![]() Members of the New York-based bank’s government-relations team and China offices had internal discussions about Dimon’s remarks after he spoke on Tuesday, according to a person familiar with the matter. bank has a lot riding on maintaining cordial relations with a government that’s sensitive about anything that might be construed as questioning its legitimacy. With nearly US$20 billion of exposure in the world’s second-largest economy - and big ambitions to expand even further - the U.S. ![]() He relayed a joke he made during a recent visit to Hong Kong: “The Communist Party is celebrating its 100th year. “We hope to be there for a long time,” Dimon said of China on Tuesday. “I was trying to emphasize the strength and longevity of our company.”ĭimon made the remarks Tuesday during a talk at the Boston College Chief Executives Club, where he discussed his company’s commitment to China in wide-ranging comments. “I regret and should not have made that comment,” Dimon said in a statement from the bank Wednesday. Chief Executive Officer Jamie Dimon said he regrets making a quip that his bank is likely to outlast China’s Communist Party.
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