According to Jamie Dimon, JPMorgan Chase would flee China if told to
Jamie Dimon, the CEO of JPMorgan Chase, declared on Wednesday that his company will leave China at the behest of the US government. During a debate about a possible future confrontation over Taiwan at the DealBook Summit, Dimon declared, "If the American government makes me leave China, I'm leaving China." "You would take all bets off if there was a war in Taiwan." JPMorgan handles payments, asset management, and corporate and investment banking, and claims to have been operating in China for a century on its website. Growing geopolitical tensions brought on by Israel's and Ukraine's wars have sparked worries that China may try to invade Taiwan. About a conflict over Taiwan, Dimon stated, "Nobody thinks it's going to happen; it may happen." "Both the world and China would suffer greatly from that."
