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BANK AND OTHER BORROWINGS (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Debt Disclosure [Abstract]    
SCHEDULE OF BALANCE OF LOAN BORROWED UNDER CREDIT LINES

The balance of the loans borrowed as of September 30, 2022 and December 31, 2021 were as follows:

 

   September 30,
2022
   December 31,
2021
 
Loan from a trust in PRC  $67,804   $67,438 
China Construction Bank   268,413    143,192 
WeBank   90,668    78,795 
Nanyue Bank   75,746    - 
Aggregate outstanding principal balances  $502,631   $289,425 
Less: current portion   413,207    101,207 
Non-current portion  $89,424   $188,218 

The balance of the loans borrowed as of December 31, 2021 and 2020 were as follows:

 

 

   December 31, 2021   December 31, 2020 
Bank loan from the trust in PRC  $67,438   $114,879 
China Construction Bank   143,192    - 
WeBank   78,795    139,387 
Aggregate outstanding principal balances  $289,425   $254,266 
Less: current portion   101,207    - 
Non-current portion  $188,218   $254,266 
SCHEDULE OF FUTURE MINIMUM LOAN PAYMENTS

Future minimum loan payments as of September 30, 2022 are as follows:

 

Year ending December 31,    
2022 (remaining)  $35,384 
2023   410,509 
2024   56,738 
Thereafter   - 
Total  $502,631