Note 5 - Term deposit

3 Months Ended

Mar. 31, 2013

Term Deposit [Text Block]

5.   Term deposit

Term deposit as of March 31, 2013 represented the amount of cash placed as a term deposit by one of the Company’s operating VIEs in a major financial institution of China, which management believes is of high credit quality. The interest rate of the term deposit is 3.5% per annual and the term deposit will mature on July 5, 2013.