Note 4 - Term Deposit

3 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Term Deposit [Text Block]

4. Term deposit

Term deposit as of

March

31,

2017

and

December

31,

2016

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 will mature on

July

7,

2017.

The interest rate of the term deposit is

2.25%

per annum.