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RESTRICTED CASH | 12 Months Ended
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Dec. 31, 2015
Restricted Cash [Abstract] |
RESTRICTED CASH | 3. RESTRICTED CASH Restricted cash is held by the banks as collateral to issue bank acceptances and bank loans. The Company endorses bank acceptances to vendors as payment of its obligations. Most of the bank acceptances have maturities of less than six (6) months. As of December 31, 2015 and 2014, the Company had restricted cash of $1.13 million and $0.

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- Definition The entire disclosure represents cash and cash items which are restricted as to withdrawal or usage. The provisions of any restrictions are described in a note to the financial statements. + References No definition available. + Details
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