There is a tremendous amount of financial leverage in the system and almost all high yielding assets are heavily geared up. 在整个系统中有大量财务融资，而且几乎所有高收益资产的配置都被大幅度调高。
On the margin, though, we expect China to continue diversifying into non-USD assets, including commodity currencies and other high-yielding assets. 但是，我们仍预期中国将继续将其外汇储备多元化为非美元资产，包括商品货币和其他高收益资产。
