JP Morgan chairman and CEO Jaime Dimon, one of the most powerful American corporate leaders, on Tuesday said GDP growth numbers in China and India were “not terrible”, suggesting that the slowdown should not cause excessive pessimism. “China is growing at 5.5%, you guys (India) 5-6%. Those are not terrible numbers. They are lower than what you could be doing, but it is 5% -- US is 2%, Europe is 1%, the globe is 2.7-2.8%,” Dimon, head of America’s largest bank

JP Morgan chairman and CEO Jaime Dimon, one of the most powerful American corporate leaders, on Tuesday said GDP growth numbers in China and India were “not terrible”, suggesting that the slowdown should not cause excessive pessimism. “China is growing at 5.5%, you guys (India) 5-6%. Those are not terrible numbers. They are lower than what you could be doing, but it is 5% -- US is 2%, Europe is 1%, the globe is 2.7-2.8%,” Dimon, head of America’s largest bank