Dimon Jokes JPMorgan Likely to Outlast China's Communist Party

JP Morgan CEO Jamie Dimon made a joke about the bank's longevity compared to China during a panel in Boston. The joke, though light-hearted, could have serious implications given JP Morgan's business interests in China. Past incidents, like UBS economist Paul Donovan's controversial comment, highlight potential consequences. Despite the joke, JP Morgan maintains good relations with China, but the situation requires careful monitoring.

What are the potential stakes for JP Morgan in relation to their business in China?

What does the text suggest about the current relationship between JP Morgan and the Chinese government?