Note 18 - Taxation (Tables)

6 Months Ended

Jun. 30, 2018

Notes Tables

Schedule Of Taxes Payable [Table Text Block]

	June 30, 2018		December 31, 2017
	US$(’000)		US$(’000)
	(Unaudited)
Turnover tax and surcharge payable		1,205		1,295
Enterprise income tax payable		1,849		1,873
Total taxes payable		3,054		3,168

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Six Months Ended June 30,						Three Months Ended June 30,
	2018			2017			2018			2017
	US$(’000)			US$(’000)			US$(’000)			US$(’000)
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Pre-tax loss		(9,435	)		(1,713	)		(8,861	)		(644	)
U.S. federal rate		21	%		35	%		21	%		35	%
Income tax benefit computed at U.S. federal rate		1,981			600			1,861			225
Reconciling items:
Rate differential for PRC earnings		398			(135	)		324			(42	)
Preferential tax treatment effect		(107	)		26			(55	)		42
Tax effect on non-taxable change in fair value of warrant liabilities		199			-			(111	)		-
Tax effect on non-deductible impairment on goodwill		(1,353	)		-			(1,353	)		-
Valuation allowance on deferred tax assets		(1,167	)		(622	)		(1,311	)		(350	)
Expired tax attribute carryforwards		(556)			-			-			-
Others		(84	)		18			(48	)		12
Effective income tax expense		(689	)		(113	)		(693	)		(113	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Six Months Ended June 30,						Three Months Ended June 30,
	2018			2017			2018			2017
	US$(’000)			US$(’000)			US$(’000)			US$(’000)
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Current-PRC		-			-			-			-
Deferred-PRC		(689	)		(113	)		(693	)		(113	)
Income tax expense		(689	)		(113	)		(693	)		(113	)

Schedule Of Deferred Tax Assets [Table Text Block]

	June 30, 2018			December 31, 2017
	US$(’000)			US$(’000)
	(Unaudited)
Tax effect of net operating losses carried forward		7,882			7,657
Bad debts provision		1,045			879
Valuation allowance		(8,250	)		(7,178	)
Total deferred tax assets, net		677			1,358