$h_3$ is at most as collision and 2nd-preimage resistant as $h_0$.
Proof:
Suppose we have a collision for $h_0$, that is, we know $x\neq y$ with $h_0(x)=h_0(y)=h$. Now observe that $h_3(x)=h_3(y)$ as follows: $$h_3(x)=h_1(h_0(x))\parallel h_2(h_0(x))=h_1(h)\parallel h_2(h)=h_1(h_0(y))\parallel h_2(h_0(y))=h_3(y)$$
Now that we have established that $h_3$ cannot be more secure than $h_0$, let's look at the "lower bound". Let $c_i$ be the boolean variable that indicates that a collision on hash function $h_i$ is known. Then the following holds:
$$c_3\rightarrow c_0\oplus(c_1\land c_2)$$
(with $\oplus$ denoting XOR)
That is, $h_3$ is at least as secure as $h_0$ or ($h_1$ and $h_2$). This assumes there are no subtle interactions between the hash functions which would facilitate a structure-lead collision search.
Suppose we have a collision on $h_3$, that is we know $x\neq y$ such that $h_3(x)=h_3(y)$. $h_3(x)=h_3(y)$ implies that $h_1(h_0(x))=h_1(h_0(y))$ and $h_2(h_0(x))=h_2(h_0(y))$ (by simple decomposition) and so we would have found a collision on $h_1$ with the values $h_0(x)$ and $h_0(y)$ and a collision on $h_2$ with the same values. This assumes that $h_0(x)\neq h_0(y)$ is allowed to be called a proper collision. If this is not the case we would have found a collision on $h_0$ instead. So we have $c_0\oplus (c_1\land c_2)$ being true, deduced from $c_3$ being true.
Actually the right-side of the found collision is worth "more" than a normal collision on a hash function. Because we have found a collision on both hash functions, which is equivalent to finding a collision on $h'(M)=h_1(M)\parallel h_2(M)$ which with the constraints given in the question has $n/2$ bit security.
So what does all of the above mean?
- If you can break $h_0$ you can break $h_3$.
- If you can break $h_3$ you can either break $h'$ or $h_0$.
- If either $h_1$ or $h_2$ is a permutation, then breaking $h_3$ is exactly as hard as breaking $h_0$.
- If you can break $h'$ you can trivially break $h_1$ and $h_2$.
- Two "normal" collisions on $h_1,h_2$ are very likely not sufficient to break $h'$.
- A collision on $h'$ very likely does not yield a collision on $h_3$ (because you would still need to find a pre-image with respect to $h_0$).
- If $h_0,h_1,h_2$ lack structural weaknesses, $2^{n/2}$ operations are required to break $h_3$ (which is the expected value).
Reading hint for the uninitiated: "if you can break x then you can [logical formula involving breaks of $y_i$]" needs to be negated on both sides and then the sides need to be swapped for a security statement. That is "if [negated logical formula] is secure, so is x".