Does that mean the People's Bank of China will act as the central bank of China?

这么说，中国人民银行将作为中国的中央银行了？

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Both the Federal Reserve and the European Central Bank need to make it clear that they will act if inflation or growth fall much further.

美联储和欧洲央行都需要明确，假如通胀率或增长率下降形势进一步恶化，它们要如何行动。

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Under any of these alternatives, the central bank would be behaving like any other bank, creating money in the act of lending.

在以上任何一种情形下，中央银行的行为方式都会像其他银行一样，通过发放贷款制造货币。

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From the touch line he urges the European Central Bank to act as lender of last resort.

BBC: Why Cameron is backing closer European integration

Philadelphia Federal Reserve Bank President Charles Plosser said he wanted the U.S. central bank to act to address inflation now.

FORBES: Beige Book Paints A Neutral Picture

The euro's design was flawed, without fiscal integration or a central bank to act as a lender of last resort.

ECONOMIST: Charlemagne