Prepayments and Other Receivables

12 Months Ended

Dec. 31, 2017

Prepayments and Other Receivables [Text Block]

7. Prepayments and Other Receivables

Prepayments and other receivables as of September 30, 2016, December 31, 2016 and 2017 consisted of the following:

		September 30,			December 31,			December 31,
		2016			2016			2017
Value added tax recoverable	$	6,169,612		$	6,238,056		$	5,963,506
Prepayments to suppliers		110,566			148,247			706,488
Deposits		49,310			28,763			25,922
Staff advances		67,702			46,572			59,942
Prepaid operating expenses		175,598			220,713			185,690
Others		164,883			-			37,262
		6,737,671			6,682,351			6,978,810
Less: Allowance for doubtful accounts		(7,000	)		(7,000	)		(7,000	)
	$	6,730,671		$	6,675,351		$	6,971,810