直到崩盘已成不可收拾之势，人民银行才认识到正在发生什么 — — 证监会无法独力扭转局面 — — 并宣布将采取措施稳定市场。
It was only when the rout was in full swing that the PBOC recognized what was happening – the CSRC had been unable to turn the tide alone – and declared that it would step in to capitalize the market.