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OTHER FINANCIAL ASSETS
 12 Months Ended
Mar. 31, 2012
Receivables [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
6. OTHER FINANCIAL ASSETS

 

Other financial assets represented notes receivable from customers for the settlement of trade receivable balances. As of March 31, 2012 and 2011, all notes receivable were guaranteed by established banks in the PRC and had maturities of 6 months or less from the date of issue. The fair value of the notes receivable approximated their carrying value.