Other Receivables, Prepayments And Deposits

3 Months Ended

Jun. 30, 2011

Other Receivables, Prepayments And Deposits [Text Block]

6. Other receivables, prepayments and deposits, net

		June 30,			December 31,
		2011			2010
		(Unaudited)
Advances to staff	$	2,301,510		$	689,392
Deposits for public bid		1,342,282			897,729
Prepayments to suppliers		8,010,705			4,511,729
Other receivables		407,840			168,964
		12,062,337			6,267,814
Less : Allowance for doubtful accounts		(71,640	)		(70,249	)
	$	11,990,697		$	6,197,565

The advances to staff mainly represent staff drawings for handling selling and logistic activities for the Company in the ordinary course of business.

No further allowance for doubtful accounts was recognized during the six months ended June 30, 2011 and 2010.