Reuters

China says it notes JPMorgan chief’s sincere regret over remark

BEIJING (Reuters) -China’s foreign ministry on Thursday said it noted JPMorgan Chase Chief Executive Jamie Dimon’s expression of regret for a remark he made about the country’s ruling Communist Party and said it hoped media would stop “hyping” the issue. On Wednesday, Dimon said he regretted his remark at an event a day earlier that the Wall Street bank would last longer than China’s Communist Party (CPC), moving quickly to try to prevent any longer-term fallout.