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Note 24 - Employee defined contribution plan
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3 Months Ended | ||
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Mar. 31, 2012
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| Pension and Other Postretirement Benefits Disclosure [Text Block] |
Full
time employees of the Company in the PRC participate in a
government mandated defined contribution plan, pursuant to
which certain pension benefits, medical care, employee
housing fund and other welfare benefits are provided to
employees. Chinese labor regulations require that the PRC
subsidiaries of the Company make contributions to the
government for these benefits based on certain percentages of
the employees’ salaries. The Company has no legal
obligation for the benefits beyond the contributions made.
The total amounts for such employee benefits, which were
expensed as incurred, were approximately US$104,000 and
US$77,000 for the three months ended March 31, 2012 and 2011,
respectively.
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