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ACCOUNTS RECEIVABLE, NET (Tables)
12 Months Ended
Dec. 31, 2016
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
Accounts receivable from the continuing operations consist of the following:
 
 
 
December 31,
 
 
 
2016
 
2015
 
Accounts receivable
 
$
146,449
 
$
9,569,468
 
Less: allowance for doubtful accounts
 
 
(68,336)
 
 
(8,913,180)
 
Net accounts receivable
 
 
78,113
 
 
656,288
 
Less: accounts receivable, net, held for discontinued operations
 
 
-
 
 
(602,037)
 
Accounts receivable, net, held for continuing operations
 
$
78,113
 
$
54,251
 
Allowance for Credit Losses on Financing Receivables [Table Text Block]
Movement of allowance for doubtful accounts is as follows:
 
 
 
December 31,
 
 
 
2016
 
2015
 
Beginning balance
 
$
8,913,180
 
$
12,538,651
 
Addition (reduction)
 
 
(139,716)
 
 
164,039
 
Less: write-off
 
 
(8,493,813)
 
 
(3,247,077)
 
Exchange rate effect
 
 
(211,315)
 
 
(542,433)
 
Ending balance
 
 
68,336
 
 
8,913,180
 
Less: balance held for discontinued operations
 
 
-
 
 
(8,892,985)
 
Ending balance held for continuing operations
 
$
68,336
 
$
20,195