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ACCRUED EXPENSES AND OTHER PAYABLES | 6 Months Ended
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Dec. 31, 2014
Payables and Accruals [Abstract] |
Accrued Expenses and Other Payables Disclosure [Text Block] | NOTE 6 - ACCRUED EXPENSES AND OTHER PAYABLES Accrued expenses and other payables consist of the following:
|  | December 31, |  | June 30, |
|  | 2014 |  | 2014 |
Payroll payable |  | $ | 7,979 |  | $ | 7,964 |
Welfare payable |  |  | 167,035 |  |  | 166,727 |
Accrued expenses |  |  | 4,250,322 |  |  | 2,948,727 |
Other payables |  |  | 944,064 |  |  | 1,049,783 |
Other levy payable |  |  | 136,123 |  |  | 135,872 |
Total |  | $ | 5,505,523 |  | $ | 4,309,073 |

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -Subparagraph a -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 24 -Article 5 + Details
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