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Note 2. Significant Accounting Policies: Cash and Cash Equivalents (Policies)
12 Months Ended
Dec. 31, 2013
Policies  
Cash and Cash Equivalents

Cash and Cash equivalents

 

The Company maintains cash with financial institutions in the People’s Republic of China (“PRC”) which are not insured or otherwise protected.  Should any of these institutions holding the Company’s cash become insolvent, or if the Company is unable to withdraw funds for any reason, the Company could lose the cash on deposit with that institution.

 

Cash and cash equivalents includes cash in hand and cash in time deposits, certificates of deposits and all highly liquid debt instruments with original maturities of three months or less.

 

Restricted cash

 

Restricted cash is related to deposits required by bank for banker’s acceptance notes and loans. The balance of total restricted cash was $1,147,224 and $0 as of December 31, 2013 and 2012, respectively.