RSS PBOC’s Peng: Will help banks in increasing loans for trade-in initiative

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 RSS PBOC’s Peng: Will help banks in increasing loans for trade-in initiative

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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.
 
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