Income Taxes

6 Months Ended

Jun. 30, 2011

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

NOTE 7 - INCOME TAXES

The Company is registered in the United States of America (“U.S.”) and has operations in three tax jurisdictions: the United States of America, the British Virgin Islands (“BVI”) and the PRC. The operations in the U.S. and the BVI have incurred net operating losses for income tax purposes. The Company generated substantially all of its net income from the operation of its subsidiary in the PRC and is subject to the PRC tax jurisdiction.

The comparison of income tax expense at the U.S. statutory rate of 35% to the Company's effective tax is as follows:

	For the six month ended
	June 30,
	2011			2010
U.S. statutory rate at 35%	$	(223,469	)	$	365,265
Tax reate difference between China and U.S.		111,427			(251,301	)
Tax paid for prior periods		77,936			-
Change in valuation allowance		84,645			58,121
Effective tax	$	50,539		$	172,085

The provisions for income tax are summarized as follows:

Current	$	123,273		$	132,564
Deferred		(72,734	)		39,521
Total	$	50,539		$	172,085