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Advances to Suppliers - Third Parties and A Related Party, Net
12 Months Ended
Dec. 31, 2017
Advances to Suppliers - Third Parties and Related Party, Net [Abstract]  
ADVANCES TO SUPPLIERS - THIRD PARTIES AND A RELATED PARTY, NET
7.ADVANCES TO SUPPLIERS – THIRD PARTIES AND A RELATED PARTY, NET 

 

Advances to suppliers – third parties and a related party as of December 31, 2017 and 2016 consist of the following:

 

  2017  2016 
Advances to suppliers - third parties $386,241  $44,465 
Advances to a related party (prepaid compensation) – Mr. Ping Chen      194,311 
Less: Impairment  -   - 
  $386,241  $238,776 

 

During the years ended December 31, 2017, 2016 and 2015, impairment charges on advances to suppliers from continuing operations were $nil, $(1,095) and $429, respectively. During the years ended December 31, 2016 and 2015, impairment charges on advances to suppliers from discontinued operations were $32,321 and $310,991, respectively.