Note 14 - Short-term bank loan

9 Months Ended

Sep. 30, 2013

Disclosure Text Block [Abstract]

Short-term Debt [Text Block]

14. Short-term bank loan

Short-term bank loan as of September 30, 2013 represented a short-term bank loan of approximately RMB5.0 million (approximately US$0.81 million) borrowed by one of the Company’s VIEs from a major financial institution of China. The interest rate of the short-term bank loan is a floating lending rate, which is 30% over the benchmark rate of the People’s Bank of China (the “PBOC”). As of September 30, 2013, the interest rate of the short-term loan is 7.8%. The short-term bank loan will mature on July 31, 2014.