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EQUITY METHOD INVESTMENTS (Tables)
9 Months Ended
Mar. 31, 2013
Equity Method Investments [Abstract]  
Schedule of Equity Method Investments [Table Text Block]
Accordingly, the Company has accounted for this investment under the equity method.

 

    Balance as of
June 30, 2012
    Equity
investment
    Share of
income
    Translation
difference
    Balance as of
March 31, 2013
 
Equity interest in CRM Suzhou     -       6,165,326       225,444       51,636       6,442,406