JPMorgan Chase CEO Expresses Anti-Communist Stance - Another Indicator Signalling China and U.S's full decoupling

As tensions increased between the U.S. and Communist China due to U.S. House Speaker Nancy Pelosi’s visit to Taiwan, U.S. business icon and Wall Street magnate Jamie Dimon, CEO of JPMorgan Chase, recently took a public stand against the Chinese Communist Party (CCP). His move is seen as a sign that the U.S. and Chinese economies are on the verge of full decoupling.

According to a report by Apollo News on Aug. 17th, Wall Street bigwig Jamie Dimon, CEO of JP Morgan Chase, recently remarked in a client conference call that the U.S. government should not try to ease tensions, but should take action and stand up to the CCP.

Yahoo Finance states in a report on Aug. 13th, JPMorgan Chase CEO Dimon said the CCP is far more dependent on imports than the United States, while it also faces serious problems with energy and food. He called on the U.S. government to strengthen its soft power in developing countries and take a tougher stance against the CCP.Apollo News, Wang Duran, pointed out that originally, the American banking magnate has been cooperating with the CCP for many years, helping the CCP firms to go public on Wall Street and making a lot of money. The really did have very close ties. But now, even Dimon, who was forced to apologize last year for his ridiculing remarks on the CCP, has begun to violently criticize the regime, indicating that the wind has changed.

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Translator: MOS English Team
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