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Note 9 - Long-term Investments | 3 Months Ended
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Mar. 31, 2015
Equity Method Investments and Joint Ventures [Abstract] |
Equity Method Investments and Joint Ventures Disclosure [Text Block] |
9. | Long-term investments
|  | March 31, 2015 |  |  | December 31, 2014 |
|  | US$(’000) |  |  | US$(’000) |
|  | (Unaudited) |  |  |  |
Equity method investments: |  |  |  |  |  |
Investment in equity method investees |  |  | 823 |  |  |  | 806 |
Advance to equity method investees |  |  | 85 |  |  |  | 85 |
|  |  | 908 |  |  |  | 891 |
Cost method investments: |  |  |  |  |  |  |  |
Investment in cost method investees |  |  | 181 |  |  |  | 18 |
Total long-term investments |  |  | 1,089 |  |  |  | 909 |
As of March 31, 2015, the Company beneficially owned 40%, 23.18% and 25.5% equity interest in ChinaNet Korea, Shenzhen Mingshan and Zhao Shang Ke Hubei, respectively. The Company accounts for its investments in these entities under equity method of accounting. The following table summarizes the movement of the investment in and advance to equity investment affiliates for the three months ended March 31, 2015:
|  | ChinaNet Korea |  |  | Shenzhen Mingshan |  |  | Zhao Shang Ke Hubei |  |  | Total |
|  | US$(’000) |  |  | US$(’000) |  |  | US$(’000) |  |  | US$(’000) |
Balance as of December 31, 2014 (audited) |  |  | - |  |  |  | 461 |  |  |  | 430 |  |  |  | 891 |
Share of income in equity investment affiliates |  |  | - |  |  |  | 1 |  |  |  | - |  |  |  | 1 |
Investment in equity investment affiliates |  |  | 20 |  |  |  | - |  |  |  | - |  |  |  | 20 |
Exchange translation adjustment |  |  | - |  |  |  | (2 | ) |  |  | (2 | ) |  |  | (4 | )
Balance as of March 31, 2015 (unaudited) |  |  | 20 |  |  |  | 460 |  |  |  | 428 |  |  |  | 908 |
ChinaNet Korea is a new entity incorporated in March 2015 by ChinaNet Investment BVI and three other unaffiliated individuals in the Republic of Korea. The Company made an investment of US$20,000 and obtained 40% of the equity interest in ChinaNet Korea. For the three months ended March 31, 2015, the Company recognized its pro-rata shares of income in Shenzhen Mingshan of approximately US$1,000. For the three months ended March 31, 2014, the Company recognized its pro-rata shares of loss in Shenzhen Mingshan of approximately US$2,000. For the three months ended March 31, 2015 and 2014, the Company recognized its pro-rata share of losses in Zhao Shang Ke Hubei of approximately US$nil and US$13,000, respectively. In January 2015, the Company through one of its VIEs, Beijing CNET Online made an investment of RMB1,000,000 (approximately US$0.16 million) to Chuangshi Meiwei and obtained 10% equity interest in Chuangshi Meiwei. As of March 31, 2015, the Company beneficially owns both 10% equity interest in Chuangshi Meiwei and Beijing Saturday. The Company accounts for these investments under cost method. For the three months ended March 31, 2015, the Company did not receive any distribution of earnings from Chuangshi Meiwei and Beijing Saturday.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + 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 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=35687916&loc=d3e32787-111569 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=35687916&loc=d3e32847-111569 + Details
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