Note 5 - Short-term Investments

12 Months Ended

Dec. 31, 2014

Investments, All Other Investments [Abstract]

Cost-method Investments, Description [Text Block]

5. Short-term investments

On November 13, 2014, the Company invested $8,045 (equivalent to RMB50,000) in a financial product managed by a bank in the PRC. The investment is not redeemable by the Company until its maturity date of May 14, 2015. The investment is principal protected with an estimated but not guaranteed return rate of 5% per annum.

On November 24, 2014, the Company invested $19,309 (equivalent to RMB120,000) in a financial product managed by a bank in the PRC. Pursuant to the investment terms of this financial product, the investment is not redeemable by the Company until its maturity date of May 22, 2015. The investment is principal protected with an estimated but not guaranteed return rate of 4.5% per annum. As at December 31, 2014, this investment was pledged as security for a one-year short term loan of $5,632 (equivalent to RMB35,000 obtained from the same PRC bank on December 3, 2014. The pledge will be released upon the repayment of the short term loan.