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ACCOUNTS RECEIVABLE, NET
 12 Months Ended
Dec. 31, 2015
Receivables [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
4.
ACCOUNTS RECEIVABLE, NET
 
Accounts receivable from the continuing operation consist of the following:
 
 
 
December 31,
 
 
 
2015
 
2014
 
 
 
US$
 
US$
 
 
 
 
 
 
(Restated)
 
Accounts receivable
 
 
9,569,468
 
 
13,425,508
 
Less: allowance for doubtful accounts
 
 
(8,913,180)
 
 
(12,538,651)
 
Net accounts receivable
 
 
656,288
 
 
886,857
 
Less: accounts receivable, net, held for discontinued operations
 
 
(36,876)
 
 
(744,628)
 
Accounts receivable, net, held for continuing operations
 
 
619,412
 
 
142,229
 
 
Movement of allowance for doubtful accounts is as follows:
 
 
 
December 31,
 
 
 
2015
 
2014
 
 
 
US$
 
US$
 
 
 
 
 
 
(Restated)
 
Beginning balance
 
 
12,538,651
 
 
935,865
 
Addition
 
 
164,039
 
 
11,621,912
 
Less: write-off
 
 
(3,247,077)
 
 
-
 
Exchange rate effect
 
 
(542,433)
 
 
(19,126)
 
Ending balance
 
 
8,913,180
 
 
12,538,651
 
Less: balance held for discontinued operations
 
 
(8,833,017)
 
 
(12,464,175)
 
Ending balance held for continuing operations
 
 
80,163
 
 
74,476