JPMorgan CEO Dimon favors full engagement with China, Sky News reports

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JPMorgan CEO Dimon favors full engagement with China, Sky News reports
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Tentative trial dates set for four teens charged with murder | SaltWire #newsupdate #halifax #court - The U.S. government is doing the right thing by fully engaging with China, JPMorgan Chase CEO Jamie Dimon said in an interview with Sky News on Wednesday, adding that Beijing was a fierce competitor, but"not an enemy" of the Western world.

Dimon, the head of the biggest U.S. bank, said the Western world"had a good hand" in dealing with competition from Beijing, but tensions over the future of Taiwan would complicate relations. Dimon also warned about the growing alliance between Russia and China."As long as China is kind of on the side of Russia, we're going to have a hard time," he said, ahead of Russian President Vladimir Putin's visit to China this week.

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