Peng Lifeng, an official at the People’s Bank of China (PBOC), said in a statement on Wednesday that the central bank “will help banks in increasing loans for trade-in initiative.” Additional takeaways Will step up financial support for private and small firms in equipment upgrades.Peng Lifeng, an official at the People’s Bank of China (PBOC), said in a statement on Wednesday that the central bank “will help banks in increasing loans for trade-in initiative.” Additional takeaways Will step up financial support for private and small firms in equipment upgrades. Peng Lifeng, an official at the People’s Bank of China (PBOC), said in a statement on Wednesday that the central bank “will help banks in increasing loans for trade-in initiative.” Additional takeaways Will step up financial support for private and small firms in equipment upgrades.   Read More FXStreet Forex & Commodities News