<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>4
<FILENAME>nsar.txt
<DESCRIPTION>AUDITOR'S OPINION
<TEXT>
Independent Auditors Report



The Board of Directors and Shareholders
The China Fund, Inc.

In planning and performing our audit of the financial statements of
The China Fund, Inc. for the year ended October 31, 2002, we considered
its internal control, including control activities for safeguarding
securities, in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and
to comply with the requirements of Form N-SAR, not to provide assurance
on internal control.

The management of The China Fund, Inc. is responsible for establishing
and maintaining internal control.  In fulfilling this responsibility,
estimates and judgments by management are required to assess the
expected benefits and related costs of controls.  Generally, controls
that are relevant to an audit pertain to the entitys objective of
preparing financial statements for external purposes that are
fairly presented in conformity with accounting principles generally
accepted in the United States of America.  Those controls include the
safeguarding of assets against unauthorized acquisition, use, or disposition.
Because of inherent limitations in internal control, errors or fraud may occur
and not be detected.  Also, projection of any evaluation of internal control
to future periods is subject to the risks that it may become inadequate
because of changesin conditions or that the effectiveness of the design
and operation may deteriorate.

Our consideration of internal control would not necessarily disclose all
matters in internal control that might be material weaknesses under standards
established by the American Institute of Certified Public Accountants.
A material weakness is a condition in which the design or operation of one
or more of the internal control components does not reduce to a relatively
low level the risk that misstatements caused by error or fraud in amounts
that would be material in relation to the financial statements being audited
may occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions.  However,
we noted no matters involving internal control and its operation, including
controls for safeguarding securities, that we consider to be material
weaknesses as defined above as of October 31, 2002.

This report is intended solely for the information and use of management
and the Board of Directors of The China Fund, Inc. and the Securities and
Exchange Commission and is not intended to be and should not be used by
anyone other than these specified parties.


Boston, Massachusetts
December 4, 2002










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</DOCUMENT>
