18. Other Intangible Assets, Net

12 Months Ended

Dec. 31, 2012

Intangible Assets Disclosure [Text Block]

18. OTHER INTANGIBLE ASSETS, NET

Other intangible assets, net, as of December 31, 2012 and 2011 consisted of the following:

	2012	2011
	US$	US$
Exclusive rights of milk supply	—	—
Total other intangible assets, net	—	—

Amortization expense for continuing operations for the years ended December 31, 2012, 2011 and 2010 was nil, $197,524 and $257,166, respectively.

Exclusive rights of milk supply, which the Company acquired in 2009, are carried at cost less accumulated amortization. Amortization is calculated on a straight-line basis over the expected useful lives of 4.7 years. The Company performed an impairment test relating to the intangible assets and recorded an impairment loss of nil, $457,023 and nil for the years ended December 31, 2012, 2011 and 2010 respectively.