News Snapshot:
Beijing urges media not to overhype JPMorgan chief’s Chinese Communist Party quip Beijing authorities have responded for the first time to JPMogran chief Jamie Dimon’s quip about the Wall Street giant outliving the Chinese Communist Party. China’s foreign ministry spokesman Zhao Lijian said today he had “noted relevant reports and the sincere reflection expressed by relevant people”. “I believe this is a proper attitude. We hope relevant media will stop hyping up this issue,” he added. Dimon, 65, noted at a lunch for business leaders this week that both JPMorgan and the Chinese Communist Party were celebrating their one hundredth...
