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Short-Term Borrowings

12 Months Ended

Dec. 31, 2019

Short-term Debt [Abstract]

SHORT-TERM BORROWINGS

10. SHORT-TERM BORROWINGS

		December 31,
		2019				2018
Loans from Hangzhou Lianluo Interactive.		$	931,450			$	-
Loans from DGHKT.			33,000				-
Loans from Ping Chen			243,881				-
Total short-term borrowings			1,208,331				-

The short-term borrowings are all from related parties. See Note 19.

Interest expense on short-term borrowings amounted to $0, $200,799 and $6,246 for the years ended December 31, 2019, 2018 and 2017, respectively.

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- Definition

The entire disclosure for short-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

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