Are women really saved by childbearing according to 1 Timothy 2:15?

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In 1 Timothy, Paul says:

1 Timothy 2:15 (ESV)
¹⁵  Yet she will be saved through childbearing—if they continue in faith and love and holiness, with self-control.

Does the "she" refer to Eve, or all women? And does the "they" refer to the same object as the "she"?

The New International Version seems to suggest that it applies to all women:

1 Timothy 2:15 (NIV)
¹⁵  But women will be saved through childbearing—if they continue in faith, love and holiness with propriety.

But a natural reading of this doesn’t seem to agree with most Scripture, including:

Galatians 3:28 (NIV)
²⁸  There is neither Jew nor Gentile, neither slave nor free, nor is there male and female, for you are all one in Christ Jesus.

How should 1 Timothy 2:15 be interpreted?