v2.3.0.11

Accounts payable

6 Months Ended

Jun. 30, 2011

Accounts payable

10. Accounts payable

Accounts payable consist of the following (unaudited):

		As of
		June 30,				December 31,
		2011				2010
Accounts payable		$	7,787,170			$	10,226,764
Bills payable			577,860				56,130
		$	8,365,030			$	10,282,894

Bills payable represent commercial notes issued to suppliers for settlements. The amounts are interest-free, secured by the restricted cash (see note 4) and repayable within one year.

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- Definition

Accounts Payable Disclosure [Text Block]

+ Details

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