Income Tax (Tables)

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Abstract]

Pre-tax income in jurisdictions

	Three months ended				Six months ended
	June 30,				June 30,
	2012		2011		2012		2011
PRC	$	1,582,335	$	712,029	$	3,350,278	$	3,691,090
Others		1,089,824		1,760,816		1,967,947		2,072,772
	$	2,672,159	$	2,472,845	$	5,318,225	$	5,763,862

Reconciliation of PRC statutory rates to the Company’s effective tax rate

	Three months ended						Six months ended
	June 30,						June 30,
	2012			2011			2012			2011
PRC statutory rate		25.0	%		25.0	%		25.0	%		25.0	%
Non-taxable or non-deductible items		(2.3	)		(1.8	)		(1.9	)		(1.9	)
Effect of foreign income tax rates		(8.5	)		(16.5	)		(7.9	)		(7.6	)
Income tax exemption		-			(0.1	)		0.1			(0.1	)
Other		(2.2	)		2.1			0.6			0.1
Effective income tax rate		12.0	%		8.7	%		15.9	%		15.5	%

Components of income tax expense

	Three months ended					Six months ended
	June 30,					June 30,
	2012		2011			2012		2011
Current	$	121,988	$	474,871		$	265,092	$	978,705
Deferred		199,022		(260,895	)		580,774		(85,708	)
Income tax expense	$	321,010	$	213,976		$	845,866	$	892,997