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Jamie Dimon praises China for being ‘more consistent’

JPMorgan chief says US is ‘still a safe haven’ even though it ‘surprised people recently’

China has recently become “more consistent” in its relations with other countries, JPMorgan chief executive Jamie Dimon has said, in the latest sign that US business leaders are reassessing their views about the world’s second-largest economy.

In response to a question about whether China had emerged as a safe haven amid the upheaval in other parts of the world, Dimon said: “They are more consistent with other countries — that’s been true a little bit recently.”

Dimon made the comments to Bloomberg TV on the sidelines of the Wall Street bank’s financial conference in Shanghai on Thursday. They come as world leaders including those from traditional US allies such as the UK and Canada visit Beijing to sign trade and co-operation agreements.

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