SHORT-TERM LOAN

3 Months Ended

Mar. 31, 2021

SHORT-TERM LOAN

SHORT-TERM LOAN

NOTE 7 –SHORT-TERM LOAN

As of March 31, 2021 and December 31, 2020, short-term loan represents a loan of $855,968 and $854,318 advanced from an unrelated party to the Company. The loan is unsecured, bearing 30% interest per annum and repayable on demand. Interest of $117,160 and $53,738 was accrued (included in accruals) as of March 31, 2021 and December 31, 2020, respectively.