人民币将是未来少数具备超越其他全球货币能力的货币之一

自从货币基金组织决定即美元、欧元、英镑和日元之后，自2016年起将人民币纳入特别提款权（SDR）篮子，人民币的国际化迈出了坚实的一步，这将使得未来对人民币的需求大大提升，极大地增强人民币的地位。

美国国内利率正常化的大背景下美元却仍可能走强，而人民币很可能保持稳定，而非对美元贬值。渣打银行驻香港高级利率策略师刘洁表示，人民币将会是仍能跑赢美元的少数货币之一。

中国国际金融有限公司首席经济学家梁红称，人民币在今年至少会与美元一样表现强劲，并很有可能超过美元。

就一些分析机构认为人民币在2016年会持续下行，李克强总理上周五评论道中国能够维持人民币汇率基本稳定在一个合理和平衡的水平，不存在持续贬值的基础。中国副主席李源潮在刚刚举办的瑞士达沃斯世界经济论坛年会上补充道：“中国政府没有意愿也没有政策来使货币贬值，因为货币市场的波动是市场力量的结果”。

王雷（Rani Jarkas）在亚洲有多年的金融经验。他表示，“人民币的下行压力将会缓解。我相信人民币仍是在未来能超越美元的少数货币之一。”

RMB will be one of the few currencies that can still outperform global currencies in the future

Since IMF decided to include the yuan in the basket of Special Drawing Rights (SDR) from 2016, joining the dollar, the euro, the pound and the yen, the internationalization process of renminbi has made a solid step forward and it will prompt China’s currency to strengthen dramatically as demand for the renminbi rises in the future.

The renminbi will likely be "stable" rather than depreciate against the greenback, while the US dollar is due to become stronger against the backdrop of rates normalization in the US. RMB might prove to be one of the few currencies that can still beat the US dollar, said Becky Liu, Senior Rates Strategist at Standard Chartered Bank (HK) Ltd.

Liang Hong, Chief Economist at China International Capital Corporation, added that "RMB will be at least as strong as the US dollar this year, if not stronger."

While some forecast that RMB will retain a depreciating bias in 2016, Premier Li Keqiang commented last Friday that China can maintain yuan exchange rate “basically stable at a reasonable and balanced standard,” adding there’s “no basis for a continued depreciation.” The Chinese government has no intention and no policy to devalue its currency, as the fluctuations in the currency market are a result of market forces, said Li Yuanchao, China’s Vice president, on the World Economic Forum’s annual meeting in Davos, Switzerland.

Rani Jarkas, Chairman of Cedrus Investments, an investment pioneer with years of financial experience in Asia, said, “Downward pressure on RMB is expected to ease. I expect RMB will remain one of the few currencies that can outperform the US dollar in the years to come.”

对于中国市场的投资需要时间、耐心和多样性

尽管市场波动剧烈，但中国的基本经济形式仍然相对乐观。作为一名关注中国权益市场多年的投资专家，我能给出的建议是投资需要时间、耐心和多样化。

因为A股加入摩根士丹利资本国际（MSCI）新兴市场指数，更多的长期资金即将涌入。然而，中国股市刚刚经历了动荡的一年，也引起了全球股市的连锁反应。

中国已经发出了一个明确信息信号，经济增长有可能会下滑。但是，在总体经济大环境的影响下依然能呈现出非常强劲和整张良好的势头。如果你再深入观察，可以发现制造业之中存在着过剩的产能。但向更强大发展更优质的服务型经济的转变，大部分来源于私人企业和业务的长期可持续发展。

赛德思投资董事长王雷（Rani Jarkas）先生在亚洲拥有多年金融经验，他表示：“关于市场估值，每当投资者看到这种大行情波动，拥有多样化的投资组合的客户，包括固定收益、股票、大宗商品和其他另类投资类别，通常能跑赢大盘。这样的时刻提醒着他们多元化投资的重要性。”

Investing require time, patience and diversification with the Chinese market

Despite market volatility, the country's underlying economy is relatively sanguine. Investing requires time, patience and diversification is the advice that a financial veteran offers to investors whose eyes are fixed on China's equity market.

Because of the A-share's inclusion into the MSCI Emerging Market index, more capital with long-term commitment will enter the market. However China's stock market has gone through a volatile year, which also had a ripple effect on the global market.

China has sent a clear message that its growth will decline, but in aggregate the economy is still very strong and with high quality of growth compared to other countries. If you look deeper, there's some overcapacity in the manufacturing sector. But what has taken place is a transition towards much stronger service economy with better quality of growth and much of that being built by private enterprises and long-term sustainable business development.

Rani Jarkas, Chairman of Cedrus Investments, an investment pioneer with years of financial experience in Asia,  added, “In terms of market valuation and whenever investors see this kind of volatility, clients with diversified portfolios that include fixed income, equities, commodities and other alternative asset classes will outperform the market. Moments like this remind clients of the importance of diversification.”