1. The recipient mostly does not pay gift tax, the donor is subject to gift tax,
you need make sure it is GIFT, your parents are not US citizens, or Green card holder, they have to be Non resident alien
2. Pub 950, but the information seems from different source, not the same doc, you can read carefully Form 3520 instructions also
I suggest you get gift cash gradually, like annual gift threshhold $13000, you will not worry about gift tax, or you can open a foreign bank like in China to use it, not let money go to US territory to get any audit, Form 3520 helps IRS know your money is gift from a good source in case later audit, you have supporting anyway.
