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OTHER RECEIVABLES, NET | 12 Months Ended
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Dec. 31, 2016
Other Receivables, Net, Current [Abstract] |
Other Receivables [Text Block] |
4. | OTHER RECEIVABLES, NET
Other receivables from the continuing operations consist of the following:
|  | December 31, |
|  | 2016 |  | 2015 |
Contract deposits |  | $ | 14,442 |  | $ | 1,700,339 |
Advances to employees |  |  | 343 |  |  | 9,234 |
Others |  |  | 75,297 |  |  | 681,423 |
Other receivables |  |  | 90,082 |  |  | 2,390,996 |
Less: allowance for doubtful accounts |  |  | (562) |  |  | (2,323,937) |
Net other receivables |  |  | 89,520 |  |  | 67,059 |
Less: other receivables, net, held for discontinued operations |  |  | - |  |  | (6,057) |
Other receivables, net, held for continuing operations |  | $ | 89,520 |  | $ | 61,002 |
Movement of allowance for doubtful accounts is as follows:
|  | December 31, |
|  | 2016 |  | 2015 |
Beginning balance |  | $ | 2,323,937 |  | $ | 2,423,770 |
Addition (reduction) |  |  | (41,790) |  |  | 151,376 |
Less: write-off |  |  | (2,348,855) |  |  | (157,208) |
Exchange rate effect |  |  | 67,270 |  |  | (94,001) |
Ending balance |  |  | 562 |  |  | 2,323,937 |
Less: balance held for discontinued operations |  |  | - |  |  | (1,701,264) |
Ending balance held for continuing operations |  | $ | 562 |  | $ | 622,673 |

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- Definition The entire disclosure of other receivables. + References No definition available. + Details
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