-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QIWLAZ3wkmQd2JyBDGddIlKi5zGyN+aKqIO4zhHfh4IoKecxujs3wigoyXlYzl+9
 fiCnrTHw6IbykfpNG2Y7xA==

<SEC-DOCUMENT>0000897204-98-000227.txt : 19981026
<SEC-HEADER>0000897204-98-000227.hdr.sgml : 19981026
ACCESSION NUMBER:		0000897204-98-000227
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19981012
FILED AS OF DATE:		19981023
SROS:			NYSE

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAIWAN FUND INC
		CENTRAL INDEX KEY:			0000804123
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				042942862
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		
		SEC FILE NUMBER:	811-04893
		FILM NUMBER:		98729454

	BUSINESS ADDRESS:	
		STREET 1:		225 FRANKLIN STREET
		STREET 2:		P O BOX 9110
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6179853760

	MAIL ADDRESS:	
		STREET 1:		225 FRANKLIN STREET
		STREET 2:		PO BOX 9110
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			WANG S Y
	CENTRAL INDEX KEY:			0001072488
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>DIRECTOR

FILING VALUES:
	FORM TYPE:		3

BUSINESS ADDRESS:	
	STREET 1:		CHINA SECURITIES INVESTMENT TRUST CORP
	STREET 2:		99 TUNHWA SOUTH ROAD, SECTION 2
	CITY:			TAIPEI
	STATE:			F5
	ZIP:			00000
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<TEXT>

                                                                              


                                                                               
FORM 3                                              OMB APPROVAL
                                                    OMB NUMBER  3235-0104
                                                    EXPIRES: September 30, 1998
                                                    Estimated Average burden
                                                    hours per response.....0.5


                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                         INITIAL STATEMENT OF BENEFICIAL
                             OWNERSHIP OF SECURITIES

     Filed  pursuant to Section  16(a) of the  Securities  Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the  Investment  Company act of 1940 

1.       Name and Address of Reporting  Person 
         S.Y. Wang 
         China American Petrochemical Co., Ltd. 
         4F, 260 Tung Hwa N. Rd. 
         Taipei, Taiwan R.O.C.

2.       Date of Event Requiring Statement (Month/Day/Year)
         October 12, 1998

3.       IRS or Social Security Number of Reporting Person (Voluntary)

4.       Issuer Name and Ticker or Trading Symbol
         The Taiwan Fund, Inc.  (NYSE: TWN)

5.       Relationship  of Reporting  Person to Issuer  (Check all  applicable)
         X Director                     10% Owner 
         X Officer (give title below) __Other (specify below)

         Chairman of the Board of Directors

6.       If Amendment, Date of Original (Month/Day/Year)
         Not applicable
     ---------------------------------------------------------------------------
TABLE I - NON DERIVATIVE SECURITIES BENEFICIALLY OWNED

1.       Title of Security (Instr. 4)
         Common Stock, par value $0.01 per share

2.       Amount of Securities Beneficially Owned (Instr. 4)
         None

3.       Ownership Form:  Direct (D) or Indirect (I) (Instr. 5)
         Not applicable

4.       Nature of Indirect Beneficial Ownership (Instr. 5)
         Not applicable
     ---------------------------------------------------------------------------
                                   Page 1 of 2


<PAGE>



     ---------------------------------------------------------------------------
TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED

1.       Title of Derivative Security (Instr. 4)
         Not applicable

2.       Date Exercisable and Expiration Date (Month/Day/Year)
         Not applicable

3.       Title and Amount of Securities Underlying Derivative Security (Instr.4)
         Not applicable

4.       Conversion or Exercise Price of Derivative Security
         Not applicable

5.       Ownership  Form of  Derivative  Security:  Direct (D) or  Indirect  (I)
         (Instr. 5) Not applicable

6.       Nature of Indirect Beneficial Ownership (Instr. 5)
         Not applicable
     ---------------------------------------------------------------------------
Explanation of Responses:
         Not applicable

***  Signature of Reporting Persons

Dated: October 22, 1998

                                            S.Y. WANG

							  /S/  S. Y. Wang	
                                            ------------------------------------


     *** Intentional  misstatements  or  omission  of facts  constitute  Federal
     Criminal  Violations.  See 18  U.S.C.  1001 and 15 U.S.C.78ff(a).

     Note: File three copies of this Form, one of which must be manually signed.
     If space provided is insufficient,  see Instruction 6 for procedure.











                              Page 2 of 2


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
