新華社社論：惡意做空人民幣或面臨法律嚴懲

新浪美股訊 北京時間23日 新華社在23日凌晨發表的一篇名為《中國經濟經濟轉型測試全球投資者的智慧和勇氣》英文社論中對人民幣空頭髮出嚴重警告，魯莽投機和惡意做空人民幣將面臨更高的交易成本，甚至擔當嚴重的法律后果。他們勢將遭受巨大損失。

文章表示，一些人認為中國資本市場正在面臨一場重大危機，他們試圖藉此進行投機，甚至惡意做空。

部分激進投資者試圖賣空人民幣，然而隨中國央行採取措施來穩定人民幣匯率，這些投機將面臨巨大損失。

然而，另外一些投資者則在中國經濟轉型中看到機會。

根據倫敦Preqin諮詢公司的統計，2015年全球風險資金在中國進行了1555筆投資，投資額達到370億美元，同比增長147%。

文章警告，那些希望看到中國經濟“最終失敗”的投資者，應該看看中國在過去40年是如何從貧困國家一步步發展成為一個當代強國的。

他們應該看清楚，中國政府一直在完善中國的市場監管機構與法制系統。魯莽投機和惡意做空人民幣將面臨更高的交易成本，甚至擔當嚴重的法律后果。

正如你們從人民幣匯率這個例子所看到的，中國政府擁有充足的資源和政策工具來確保經濟形勢處於控制之下，並且有能力應對任何外部挑戰。

以下為新華社社論英文原文：

Commentary: Chinese economic transition testing global investors" wisdom, courage

BEIJING, Jan. 23 (Xinhua) -- As the Chinese economy is undergoing profound restructuring and transition, international investors seem to be split in their judgment about the prospects for China"s capital market。

Some people believe that the Chinese capital market is experiencing a major crisis, of which they try to take advantage with speculative actions and even vicious shorting activities。

The latest example is that some radical speculators tried to short sell the Chinese currency yuan, which has been depreciating against the U.S. dollar recently. However, with the Chinese monetary authority taking effective measures to stabilize the value of the yuan, those speculators are expected to suffer huge losses。

Meanwhile, many other investors see new opportunities in the transformation of the Chinese economy。

According to data from the London-based consulting firm Preqin Ltd, in 2015, global venture capital made 1,555 investments in China"s startups with a total worth of 37 billion U.S. dollars, up 147 percent over the previous year, showing the investors" confidence in China"s pro-innovation policy and business-friendly environment。

In a mature market economy, both speculative shorting and long-term investment are free choices of investors, and therefore should not be labeled as "right or wrong" or "good or bad."

But given the unique nature of the Chinese economy, currently the world"s second largest, it should be fair to say that the choices made on China often reflect an investor"s wisdom and courage。

As an old Chinese saying goes: To catch a big fish, one must cast a long line. The ancient Chinese wisdom fits the current Chinese economic situation well。

Many leading economists and scholars have pointed out that while China"s economic restructuring is a challenging and arduous mission and the transitional period could be lengthy and painful, China is at no risk of a recession and the current 6.9 percent economic growth rate is still good enough to sustain the country"s long-term prosperity。

Meanwhile, with the Chinese government actively pushing forward a series of fundamental reforms and supporting innovation-based business startups, both domestic entrepreneurs and foreign investors are expected to benefit from the economic restructuring process。

For example, the government has spared no efforts to cut excessive production capacity, boost domestic consumption and encourage the development of the service sector. It has also granted more market access to private capital and foreign investment。

The latest report from the American Chamber of Commerce in China showed that last year nearly two thirds of its member companies made profit in China, and three quarters saw good investment returns. The report also found that most of the member companies were optimistic about the future growth of the Chinese market, and over 90 percent of them viewed innovation as the key to their future success in China。

A smart, far-sighted investor would seize the opportunity arising from China"s economic restructuring, and achieve a win-win outcome by investing in China"s future and reaping the fruits of China"s reform and robust new economy。

As for those who want to bet on the "ultimate failure" of the Chinese economy, they should look back at the past four decades, which witnessed China"s growth from an underdeveloped economy into a global economic powerhouse through continuous reform and opening up。

They should also take into consideration the fact that the Chinese government has been constantly improving the country"s market regulatory system and legal system. As a result, reckless speculations and vicious shorting will face higher trading costs and possibly severe legal consequences。

And just as proved in the yuan exchange rate case, the Chinese government has sufficient resources and policy tools to keep the overall economic situation under control and cope with any external challenges. (明煜)