Business JP Morgan CEO Learns He Cannot Make Jokes About Chinese Communist Party By Maggie Valenti 11/24/21 AT 1:25 PM Video Player is loading. AD Loading ... JP Morgan Chase CEO Jamie Dimon said Wednesday that he regrets a joke he made about the Chinese Communist Party. He previously said that JP Morgan Chase would outlast the Chinese Communist Party. “I made a joke the other day that the Communist Party is celebrating its 100th year, so is JP Morgan. I'd make a bet that we last longer,” Dimon said Tuesday when speaking at Boston College in a series of CEO interviews. “I can't say that in China. They are probably listening anyway.” “I regret and should not have made that comment. I was trying to emphasize the strength and longevity of our company,” Dimon commented in a statement issued by JP Morgan. U.S. banks see China as an opportunity for growth and normally go to great lengths to please Chinese authorities, and not upset them. Executives have to choose their words carefully or will receive backlash on occasion for perceived offenses. This is not the first time Dimon has said controversial things. He claimed that he would beat Donald Trump in a presidential election because at least he earned his money on his own, though he later apologized and admitted he would not be a good politician. Top Articles READ MORE Cricket Tasmania Slams 'Appalling' Paine Treatment He has also been a critic of cryptocurrencies, saying “I personally think that bitcoin is worthless” and that cryptocurrencies have “no intrinsic value.” Dimon has been the CEO of JP Morgan since 2005 and has a net worth of $1.9 billion, according to Forbes. PROMOTED CONTENT Si vous mangez ça avant de dormir, vous perdrez 17 kg en 14 jours Vanefist Neo Just A $200 Investment In Amazon Is Giving Leuven A Second Income Amazon Trader This Young Leuven Family Now Makes $15,800 Per Month With Amazon Amazon Trader Scandal-hit Credit Suisse Reins In Investment Bank One Of The Most Powerful Beauty Tools You Already Have At Home Herbeauty The Things This Woman Does With Makeup Will Screw With Your Head Herbeauty Une recette oubliée pour combattre les rides après 40 ans Carattia Cream A Photo Of A Saudi Prince's 80 Hawks On A Plane Goes Viral Red Dragons Media Lee Jae-yong: Paroled Leader Of S. Korea's Biggest Business Things You Should Know Before You Start Microblading Herbeauty What BB Cream Can Do For Your Skin Herbeauty C’est le réducteur de rides le plus puissant Carattia Meet Hercules, The Biggest Cat In The World Red Dragons Media 6 Trends To Look Like An Eye-Candy And 6 To Forget About Herbeauty One Of The Most Popular Botanical Gardens Ever Herbeauty RELATED STORIES JP Morgan Sues Tesla For $162 Mn Over Share Warrants Is Jamie Dimon’s Bitcoin Criticism Hypocritical? JOIN THE DISCUSSION MOST READ 1 Don Jr., Ivanka, Eric Trump May Be Indicted For Dad's Crimes 2 Cleared Of Murder, US Teen Says Case Was Not About Race 3 Apple Sues Israeli Spyware Maker For Targeting Its Users 4 Apple Sues Israeli Spyware Maker For Targeting Its Users 5 Secret, Old Spice Antiperspirant Recalled Over Cancer Risk Get up to Speed with IBT’s Fast Start Stay up to date with our daily newsletter SIGN UP NOW LATEST NEWS Jury Hands Down Murder Convictions In Ahmaud Arbery Trial Most Asian Markets Drop As Data Points To Faster Fed Taper Europe Struggles With Record COVID-19 Outbreak COVID-19 Vaccine Offers 'False Sense Of Security' To Some People: WHO Tesla Faces Sexual Harassment Allegations Social Capital Trail Blazing CEOs Redefining Business Success Kristin Groos Richmond Revolution Foods Revolution Foods’ Commitment To Diversity: Implementing Community Cultures We Serve In All We Do Penny Pennington Edward Jones Penny Pennington Is Committed To Growth – Of Families Mike Brady Greyston Bakery Finding Your 'Hire' Power NEWS Business Technology World National Politics Media & Culture Opinion Sports Luxury FEATURED Social Capital Lexicon Spotlight EMBA Rankings Fintech Startups Top AI Startups & Scaleups IBT Shop Coupons ABOUT About Us Advertise with Us Media Kit Terms & Conditions Privacy Policy Cookie Policy EDITIONS Australia India International Singapore United Kingdom United States FOLLOW US Facebook Twitter LinkedIn © Copyright 2021 IBTimes LLC. All Rights Reserved.