BEIJING - The central banks of China and Australia have decided to renew a currency swap agreement, the People's Bank of China said Friday.The agreement allows the PBOC and the Reserve Bank of Australia to swap 200 billion yuan ($31.8 billion) for 40 billion Australian dollars, according a statement released by the PBOC.The agreement will be valid for three years and could be extended with the consent of both sides.The statement said the agreement aims to facilitate bilateral trade and investment and promote the growth of both economies.The two banks inked a 200-billion-yuan currency swap deal for an initial three-year period in March 2012, which was extended for another three years in 2015.A currency swap deal allows two institutions to exchange payments in one currency for equivalent amounts in the other, to facilitate bilateral trade settlements and provide liquidity support to financial markets. wristbands canadacustom silicone bracelets canadarubber bracelets canadasilicone bracelets canadasilicone wristbands canadacustom wristbands canadacanadian wristbandswristbands canada
Astronauts Zhang Xiaoguang, Nie Haisheng and Wang Yaping (from left to right) wave after getting out of the re-entry capsule of China's Shenzhou-10 spacecraft following its successful landing at the main landing site in north China's Inner Mongolia Autonomous Region on June 26, 2013. [Photo/Xinhua] Quiz: Guess what it takes to become an astronaut! Game: Shake to meet the astronauts China officially launched the selection of its third batch of astronauts on Monday, and is expected to select about 17 to 18 trainees, including women, an official closely related to manned space announced. The selection consists of three periods, and we will select not only males but also female candidates for the third batch of astronauts, said Yang Liwei, head of the China Manned Space Agency and the nation's first astronaut. The total number of candidates will be about 17 to 18. The types of astronauts covered are pilots, maintenance engineers and payload scientists, he said. Astronauts Pan Zhanchun, Fei Junlong, Zhai Zhigang and Liu Wang train inside a weightless aircraft in Russia, July 26, 1999. [Photo/CCTV.com] The work backgrounds and types of people eligible for recruitment will also be different from previous selections. The scope will cover not only pilots from the People's Liberation Army Air Force, but also flight engineers and scientists from related industries, universities and institutions, Yang said. In the previous two rounds, only pilots from the PLA Air Force were selected.
