China may have indeed started to rebalance its foreign reserve portfolio from US Treasuries, he says, having piled into the asset class after the collapse of Lehman Brothers in September 2008.

他表示，2008年9月雷曼兄弟(Lehman Brothers)倒闭后，中国把大量资金投向了美国国债，目前，中国可能真的已开始调整外汇储备结构，减持这种资产类别。

youdao

A collapse in house prices therefore seems unlikely in China.

因而中国出现房价大跌的可能性不大。

youdao

And the possibility of a China collapse scares almost everyone.

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If such partial disclosures cause one of the best run foreign companies operating in China to collapse, consider what havoc they would wreak on other stocks.

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China could collapse into a heap.

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