BEIJING, Nov 25 (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
on Tuesday that the Wall Street bank would last longer than
China's Communist Party (CPC), moving quickly to avoid any
"I noted the reports about how the individual involved has
sincerely reflected. I think this is the right attitude. I hope
the media involved will stop hyping this issue," foreign
ministry spokesman Zhao Lijian told a regular daily briefing in
response to a question.
Dimon's comments had risked jeopardising JPMorgan's growth
ambitions in China where it won regulatory approval in August to
become the first full foreign owner of a securities brokerage in
the country. China experts in the United States said, however,
that his quick apology should ensure no serious damage was done.
"I regret and should not have made that comment. I was
trying to emphasize the strength and longevity of our company,"
Dimon said in a statement issued by the bank.
(Reporting by Yew Lun Tian; Writing by Tony Munroe; Editing by