JP Morgan boss on the rising economic threat from China

The head of the world's biggest bank has told Sky News the West should "fully engage" with China rather than seeking confrontation.

Jamie Dimon, chief executive of JP Morgan Chase, said the US was taking the right approach by holding talks with Beijing.

He also added the US and West must stand together against the economic might of China.

It follows President Biden's announcement that the US was quadrupling tariffs on Chinese electric vehicles.

Latest business news: https://news.sky.com/story/money-news-taylor-swift-inflation-interest-rate-latest-blog-mortgages-13040934

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Read more: https://news.sky.com/story/china-is-being-widely-blamed-for-the-ministry-of-defence-hack-so-ministers-look-odd-as-the-government-isnt-naming-beijing-publicly-13130924

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