UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K




                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934





       Date of Report (Date of earliest event reported): December 20, 2001



                                   Frefax Inc.
               (Exact name of issuer as specified in its charter)





Florida                        000-29915                      650786722
(State or other jurisdiction   Commission                   IRS Employer
of incorporation              File Number No.             IdentificationNo.)





                1255 Peel Street, Montreal, Quebec H3B 2T9 CANADA
               (Address of principal executive offices) (Zip Code)





       Registrant's telephone number, including area code: (514) 398-0515
<PAGE>

Item 1.   Changes in Control of Registrant.

NOT APPLICABLE


Item 2.   Acquisition or Disposition of Assets.

NOT APPLICABLE


Item 3.   Bankruptcy or Receivership.

NOT APPLICABLE


Item 4.   Change in Registrant's Certifying Accountants

On November  30,  2001,  Frefax Inc.  engaged Fine &  Associates,  auditors,  of
Montreal, Quebec, Canada to act as auditors for the subsidiary China Xin Network
Inc.

On December 17, 2001,  Frefax Inc.  transferred its all its auditing services to
Fine and  Associates  and  informed  its auditors  Massella  Rubenstein  LLP, of
Jericho,  New York,  that following the merger  between  Frefax Inc.  (FFAX) and
China  Xin  Network  Inc.(CXN),  the  auditors  of the  company  will  be Fine &
Associates of Montreal, Quebec, Canada.

There were no disagreements with Massella Rubenstein LLP.

Item 5.   Other Events and Regulation FD Disclosure.

NOT APPLICABLE


Item 6.   Resignations of Registrant's Directors.

NOT APPLICABLE

Item 7.   Financial Statements and Exhibits.


Exhibits: Letter of Engagement of Fine & Associates


Item 8.   Change in Fiscal Year.

NOT APPLICABLE
<PAGE>




                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                  FreFax Inc..
                                  (Registrant)


Date: December 20, 2001             By:/s/ Jean-Francois Amyot
                                       -----------------------
                                        Name: Jean-Francois Amyot,
                                        Title:   CEO & Chairman
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{"company-data": {"conformed-name": "FREFAX INC", "cik": "0001073785", "assigned-sic": "3661", "irs-number": "650786722", "state-of-incorporation": "FL", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-29915", "film-number": "1821035"}, "business-address": {"street1": "270 NW 3RD CT", "city": "BOCA RATON", "state": "FL", "zip": "33432", "phone": "5613681427"}, "mail-address": {"street1": "270 NW 3RD CT", "city": "BOCA RATON", "state": "FL", "zip": "33432"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): December 20, 2001

                                   Frefax Inc.
               (Exact name of issuer as specified in its charter)

Florida                        000-29915                      650786722
(State or other jurisdiction   Commission                   IRS Employer
of incorporation              File Number No.             IdentificationNo.)

                1255 Peel Street, Montreal, Quebec H3B 2T9 CANADA
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (514) 398-0515
Item 1.   Changes in Control of Registrant.

NOT APPLICABLE

Item 2.   Acquisition or Disposition of Assets.

NOT APPLICABLE

Item 3.   Bankruptcy or Receivership.

NOT APPLICABLE

Item 4.   Change in Registrant's Certifying Accountants

On November  30,  2001,  Frefax Inc.  engaged Fine &  Associates,  auditors,  of
Montreal, Quebec, Canada to act as auditors for the subsidiary China Xin Network
Inc.

On December 17, 2001,  Frefax Inc.  transferred its all its auditing services to
Fine and  Associates  and  informed  its auditors  Massella  Rubenstein  LLP, of
Jericho,  New York,  that following the merger  between  Frefax Inc.  (FFAX) and
China  Xin  Network  Inc.(CXN),  the  auditors  of the  company  will  be Fine &
Associates of Montreal, Quebec, Canada.

There were no disagreements with Massella Rubenstein LLP.

Item 5.   Other Events and Regulation FD Disclosure.

NOT APPLICABLE

Item 6.   Resignations of Registrant's Directors.

NOT APPLICABLE

Item 7.   Financial Statements and Exhibits.

Exhibits: Letter of Engagement of Fine & Associates

Item 8.   Change in Fiscal Year.

NOT APPLICABLE
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                  FreFax Inc..
                                  (Registrant)

Date: December 20, 2001             By:/s/ Jean-Francois Amyot
                                       -----------------------
                                        Name: Jean-Francois Amyot,
                                        Title:   CEO & Chairman