11. SHORT-TERM LOANS (Tables)

3 Months Ended

Mar. 31, 2014

Disclosure Text Block [Abstract]

Schedule of Short-term Debt [Table Text Block]

At March 31, 2014 and December 31, 2013, the short-term loans consisted of the following:

	2014		2013
Promissory Note of US parent		50,000		50,000
Loan of U.S. Parent		10,000,000		10,000,000
Credit line payable of U.S. Parent		638,951		638,951
Credit union loan, Chinese subsidiary		-		2,263,445
Total short term loan	$	10,688,951	$	12,952,396