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RESTRICTED CASH, NOTES PAYABLE - BANK ACCEPTANCES | 6 Months Ended
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Jun. 30, 2014
Restricted Cash Notes Payable Bank Acceptances [Abstract] |
RESTRICTED CASH, NOTES PAYABLE -BANK ACCEPTANCES | 4. RESTRICTED CASH, NOTES PAYABLE – BANK ACCEPTANCES Restricted cash as of June 30, 2014 and December 31, 2013 was $7,720,062 and $2,296,249, respectively, held by the bank as collateral to issue bank acceptances and bank loan. The Company endorses bank acceptances to vendors as payment of its own obligations. Most of the bank acceptances have maturities of less than six months.

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- Definition Restricted Cash And Cash Equivalents + References No definition available. + Details
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