Note 4 - Term Deposit

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Term Deposit [Text Block]

4. Term deposit

Term deposit as of

December

31,

2016

and

December

31,

2015

represented the amount of cash placed as a term deposit by

one

of the Company’s operating VIEs in a major financial institution in China, which management believes is of high credit quality. The term deposit as of

December

31,

2015

matured on

July

7,

2016

and was extended to

July

7,

2017.

The interest rate of the term deposit is

2.25%

per annum.