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3. Concentration of Credit Risk
9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Concentration of Credit Risk

NOte 3 - concentration of credit risk

 

We maintain our cash balance in several banks in China and United States. The consolidated cash balances as of September 30, 2018 and December 31, 2017 were $29,430 and $369,607, respectively. The cash balances in China as of September 30, 2018 and December 31, 2017 were $7,771 and $307,361, respectively. The accounts in China were not insured which we believe were exposed to credit risks on cash. As of September 30, 2018, the balance of our US account was $21,659 which is within federal insured limit of $250,000. As of December 31, 2017, the balance of our US account was $62,246, which is within federal insured limit of $250,000.