BEIJING, (Reuters) – China’s foreign ministry said Thursday that it had noted JPMorgan Chase’s (NYSE::) Chief Executive Jamie Dimon’s regret over a comment he made regarding the ruling Communist Party. It also said that it hoped the media would cease “hyping” this issue.

Dimon stated Wednesday that he regrets his comment at Tuesday’s event about Wall Street banks lasting longer than China Communist Party (CPC). He said this quickly in order to avoid any long-term consequences.

“I have been observing the stories about the person involved’s sincere reflection. It is a good attitude. As a response to a query, Zhao Lijian (foreign ministry spokesperson) said that he hoped the media would stop hype this topic.

Dimon’s comments could have damaged JPMorgan’s growth plans in China. JPMorgan was approved by the Chinese regulator in August and became the first foreign full owner of a brokerage that offers securities in China. However, experts from China stated that the quick apology by Dimon should not cause any significant damage.

I regret that this comment was made. Dimon stated that he was trying to stress the strength and long-term success of the company in a bank statement.