CEO Jamie Dimon on Wednesday warned"uncertainty" caused by the Chinese government could hurt investor confidence at home and abroad, and said the U.S. and China need"real engagement" on security and trade issues.
"If you have more uncertainty, somewhat caused by the Chinese government . . . it’s going to not just change foreign direct investment. It’s going to change the people here, their own confidence to invest,"The world's second-largest economy is emerging from three years of pandemic lockdowns, but the recovery has been uneven. China's factory activity shrank faster than expected in May on weakening demand, according to data released on Wednesday.
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