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Loans Payable (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of Short-term Debt [Table Text Block]

				March 31,				December 31,
				2020				2019
Industrial and Commercial Bank of China (“ICBC”) Loan 1		(a)		$	6,069,075			$	6,163,814
Total short-term bank loans				$	6,069,075			$	6,163,814

Schedule of Long-term Debt Instruments [Table Text Block]

		March 31,				December 31,
		2020				2019
Rural Credit Union of Xushui District Loan 1		$	1,213,815			$	1,232,763
Rural Credit Union of Xushui District Loan 2			3,528,532				3,583,613
Rural Credit Union of Xushui District Loan 3			2,258,260				2,293,512
Rural Credit Union of Xushui District Loan 4			1,834,836				1,863,479
Total			8,835,443				8,973,367
Less: Current portion of long-term loans from credit union			(1,580,782	)			(1,605,459	)
Long-term loans from credit union		$	7,254,661			$	7,367,908

Schedule of long-term debt repayments

		Amount
Fiscal year
Remainder of 2020		$	1,580,782
2021			3,020,423
2022			1,552,554
2023			2,681,684
Total			8,835,443

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