<SEC-DOCUMENT>0001072613-17-000477.txt : 20170911
<SEC-HEADER>0001072613-17-000477.hdr.sgml : 20170911
<ACCEPTANCE-DATETIME>20170911090033
ACCESSION NUMBER:		0001072613-17-000477
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20170911
DATE AS OF CHANGE:		20170911
GROUP MEMBERS:		CITY OF LONDON INVESTMENT MANAGEMENT CO LTD

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHINA FUND INC
		CENTRAL INDEX KEY:			0000845379
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-52873
		FILM NUMBER:		171078076

	BUSINESS ADDRESS:	
		STREET 1:		TWO AVENUE DE LAFAYETTE
		STREET 2:		PO BOX 5049 (02206-5049)
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02111
		BUSINESS PHONE:		6176622789

	MAIL ADDRESS:	
		STREET 1:		TWO AVENUE DE LAFAYETTE
		STREET 2:		PO BOX 5049 (02206-5049)
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02111

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CITY OF LONDON INVESTMENT GROUP PLC
		CENTRAL INDEX KEY:			0001018138
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		77 GRACECHURCH STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			EC3V0AS
		BUSINESS PHONE:		011441717110771

	MAIL ADDRESS:	
		STREET 1:		77 GRACECHURCH STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			EC3V0AS

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OLLIFF & PARTNERS PLC
		DATE OF NAME CHANGE:	19960705
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>china13d_18111.htm
<DESCRIPTION>THE CHINA FUND - SCHEDULE 13D/A - AMEND. NO. 3
<TEXT>
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<title>koreaequity13d_17921.htm</title>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Washington, D.C. 20549</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center; DISPLAY: block; TEXT-INDENT: 0pt">(Amendment No.&#160;3)<br>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO</div>

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<div style="FONT-SIZE: 18pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-VARIANT: normal; FONT-WEIGHT: bold; FONT-STYLE: normal; TEXT-ALIGN: center"><u>The China&#160;Fund, Inc.</u></div>

<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-VARIANT: normal; FONT-WEIGHT: normal; FONT-STYLE: normal">(Name of Issuer)</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center"><u>Common Stock, par value $.01 per share</u></div>

<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-VARIANT: normal; FONT-WEIGHT: normal; FONT-STYLE: normal; DISPLAY: inline">(Title of Class of Securities)</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-VARIANT: normal; FONT-WEIGHT: bold; FONT-STYLE: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center"><u>169373107</u></div>

<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-VARIANT: normal; FONT-WEIGHT: normal; FONT-STYLE: normal">(CUSIP Number)</font></div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">Barry M. Olliff</div>

c/o City of London Investment Management Company Limited</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">77 Gracechurch Street, London, UK EC3V 0AS</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-VARIANT: normal; FONT-WEIGHT: bold; FONT-STYLE: normal; TEXT-ALIGN: center"><u>+44 207 711 0771</u></div>
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<div style="FONT-SIZE: 10pt; TEXT-DECORATION: underline; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">September 11, 2017</div>

<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; DISPLAY: inline">(Date of Event Which Requires Filing of This Statement)</font></div>

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 &#160;</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), (f) or (g), check the following box <font style="BACKGROUND-COLOR: #b6b6b6">&#9744;</font><a id="Check1" name="Check1"></a>.</div>

<div><br>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information, which would alter disclosures provided in a prior cover page.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.</div>

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<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">NAMES OF REPORTING PERSONS</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">City of London Investment Group PLC, (CLIG) a company incorporated under the laws of England and Wales.</div>
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<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
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<div style="TEXT-ALIGN: right">(a)</div>
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<div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
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<div style="TEXT-ALIGN: right">(b)</div>
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<div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
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<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">3</div>
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<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SEC USE ONLY</div>
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<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SOURCE OF FUNDS*</div>
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<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">OO</div>
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<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)</div>
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<div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
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<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">6</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">England and Wales</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 12.71%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; FONT-WEIGHT: bold; BORDER-LEFT: #000000 1pt solid" rowspan="12" colspan="2">
<div style="TEXT-ALIGN: center">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>

<div style="TEXT-ALIGN: center">WITH:</div>
</td>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">7</div>
</td>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SOLE VOTING POWER</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">0</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">8</div>
</td>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SHARED VOTING POWER</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">3,919,903</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">9</div>
</td>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SOLE DISPOSITIVE POWER</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">0</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">10</div>
</td>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SHARED DISPOSITIVE POWER</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">3,919,903</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">11</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">3,919,903</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">12</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px">
<div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">&#160;</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">13</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">24.9%</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">14</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">TYPE OF REPORTING PERSON*</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">HC</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>
</table>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">&#160;</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; MARGIN-TOP: 10pt; CLEAR: both">
<div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
<hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">
<table id="af1aafbd13904650b4aa58bef62d5fdf" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="2" border="0">
<tr>
<td style="BORDER-TOP: #000000 1pt solid; WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="4">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">1</div>
</td>
<td style="BORDER-TOP: #000000 1pt solid; WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">NAMES OF REPORTING PERSONS</div>
</td>
<td style="BORDER-TOP: #000000 1pt solid; WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 1pt solid; BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">City of London Investment Management Company Limited (CLIM), a company incorporated under the laws of England and Wales.</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr style="HEIGHT: 13px">
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">2</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: right">(a)</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px">
<div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">&#160;</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: right">(b)</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px">
<div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">3</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; BACKGROUND-COLOR: #bfbfbf" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SEC USE ONLY</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BACKGROUND-COLOR: #bfbfbf">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #bfbfbf">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr style="BACKGROUND-COLOR: #bfbfbf">
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr style="BACKGROUND-COLOR: #bfbfbf">
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">4</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SOURCE OF FUNDS*</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">WC</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">5</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px">
<div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">&#160;</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">6</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">England and Wales</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 12.71%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; FONT-WEIGHT: bold; BORDER-LEFT: #000000 1pt solid" rowspan="12" colspan="2">
<div style="TEXT-ALIGN: center">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>

<div style="TEXT-ALIGN: center">WITH:</div>
</td>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">7</div>
</td>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SOLE VOTING POWER</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">0</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">8</div>
</td>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SHARED VOTING POWER</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">3,919,903</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">9</div>
</td>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SOLE DISPOSITIVE POWER</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">0</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">10</div>
</td>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">SHARED DISPOSITIVE POWER</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 76.38%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">3,919,903</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">11</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">3,919,903</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">12</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px">
<div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">&#160;</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">13</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">24.9%</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 6.36%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid" rowspan="3">
<div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">14</div>
</td>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid" colspan="3">
<div style="FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">TYPE OF REPORTING PERSON*</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 86.4%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid" rowspan="2" colspan="3">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt">IA</div>
</td>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="WIDTH: 2.59%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 1pt solid; WIDTH: 5.01%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid">
<div style="TEXT-ALIGN: left">&#160;</div>
</td>
</tr>
</table>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">&#160;</div>
</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; MARGIN-TOP: 10pt; CLEAR: both">
<div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
<hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">&#160;</div>
</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Item 1(a).&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="TEXT-DECORATION: underline">Name of Issuer:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The China Fund, Inc.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">&#160;</div>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">&#160;</div>

<font style="FONT-WEIGHT: bold">Item 1(b).&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="TEXT-DECORATION: underline">Address of Issuer&#8217;s Principal Executive Offices:</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The principal executive offices of the Fund are located at:</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The China Fund, Inc.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">c/o State Street Bank and Trust Co.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">2 Avenue de Lafayette, 6th Floor</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">P. O. Box 5049</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Boston Massachusetts 02206-5049</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold">Item 2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold"><u>Identity and Background.</u></font></div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">(a).&#160; This statement is being filed by City of London Investment Group PLC ("CLIG") and City of London Investment Management Company Limited ("CLIM," and together with CLIG, the "Reporting Persons").</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">(b).&#160; The business address and principal executive offices of CLIG are 77 Gracechurch Street London, EC3V 0AS England.&#160; The directors and executive officers of CLIG, their business addresses and present principal occupation or employment are set forth on Annex A attached to this Schedule 13D.&#160; The business address and principal executive offices of CLIM are 77 Gracechurch Street London, EC3V 0AS England.&#160; The directors and executive officers of CLIM, their business addresses and present principal occupation or employment are set forth on Annex A attached.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">(c).&#160; CLIM is primarily an emerging markets fund manager, which specializes in investing in closed-end investment companies and is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940.&#160; CLIM is controlled by CLIG.&#160; CLIM is principally engaged in the business of providing investment advisory services to various public and private investment funds, including:</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Emerging (BMI) Markets Country Fund ("BMI"), a private investment fund organized as a Delaware business trust;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Emerging Markets Free Fund ("CF"), a private investment fund organized as a Delaware business trust;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Emerging Markets Global Fund ("CG"), a private investment fund organized as a Delaware business trust;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Emerging Markets Investable Fund ("CI"), a private investment fund organized as a Delaware business trust;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Global Emerging Markets Fund ("EUREKA"), a private investment fund organized as a Delaware business trust;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The Emerging World Fund ("EWF"), a Dublin, Ireland-listed open-ended investment company;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Emerging Free Markets Country Fund ("FREE"), a private investment fund organized as a Delaware business trust;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Emerging Markets Country Fund ("GBL"), a private investment fund organized as a Delaware business trust;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Investable Emerging Markets Country Fund ("INV"), a private investment fund organized as a Delaware business trust;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The EM Plus CEF Fund ("PLUS"), a private investment fund organized as a Delaware business trust;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">and unaffiliated third-party segregated accounts over which CLIM exercises discretionary voting and investment authority (the "Segregated Accounts").</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The Shares to which this Schedule 13D relates are owned directly by the City of London Funds and the Segregated Accounts, collectively "the Funds".</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">(d).&#160; None of the Reporting Persons has, during the last five years, been convicted in any criminal proceeding.<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br>
</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br>
</font> (e).&#160; None of the Reporting Persons has, during the last five years, been a party to any civil proceeding commenced before a judicial or administrative body of competent jurisdiction as a result of which it or he was or is now subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">(f).&#160; City of London Investment Group PLC, (CLIG) and City of London Investment Management Company Limited (CLIM) are companies incorporated under the laws of England and Wales.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Beneficial ownership of the Shares to which this&#160;statement relates was acquired by the Reporting Persons with invested capital of the City of London Funds and the&#160;Segregated Accounts. The aggregate purchase price of the 3<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif">,919,903 </font>Shares beneficially owned by the Reporting Persons was $69,508,575, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 308,857 Shares owned directly by BMI was $5,425,015, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 72,446 Shares owned directly by CF was $1,264,909, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 250,030 Shares owned directly by CG was $4,579,463, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 172,029 Shares owned directly by CI was $3,093,005, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 242,371 Shares owned directly by EUREKA was $4,777,877, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 168,067 Shares owned directly by EWF was $2,791,841, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 149,936 Shares owned directly by FREE was $2,510,520, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 305,041 Shares owned directly by GBL was $5,916,131, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 46,658 Shares owned directly by INV was $723,812, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 23,990 Shares owned directly by PLUS was $446,078, inclusive of brokerage commissions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The aggregate purchase price of the 2,180,478 Shares owned directly by the Segregated Accounts was $37,979,914, inclusive of brokerage commissions.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">&#160;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The Reporting Persons sent the letter attached as Exhibit A to the Chairman of the Fund.</div>

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<div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">and (b).&#160; As of the date hereof, CLIG, through its control of CLIM, and CLIM, in its capacity as investment adviser to the City of London Funds and&#160;the Segregated Accounts, have voting and dispositive power with respect to all 3<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif">,919,903 </font>Shares owned directly by the City of London Funds and the&#160;Segregated Accounts, representing approximately 24.9% of the 15.7 million Shares outstanding as of September 8, 2017, as last reported by the Fund. As of the date hereof, BMI, CF, CG, CI, EUREKA, EWF, FREE, GBL, INV, PLUS, and the Segregated Accounts owned directly 308,857; 72,446; 250,030; 172,029; 242,371; 168,067; 149,936; 305,041; 46,658; 23,990; and 2,180,478 Shares, respectively, representing approximately 2.0%, 0.5%, 1.6%, 1.1%, 1.5%, 1.1%, 1.0%, 1.9%, 0.3%, 0.2% and 13.9% respectively, of the 15.7 million Shares outstanding as of September 8, 2017.</div>
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<div style="FONT-FAMILY: Times New Roman; TEXT-ALIGN: right">(c).&#160;&#160; </div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Information with respect to all transactions in the Shares beneficially owned by the Reporting Persons that were effected during the past 60 days is set forth below:</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; MARGIN-LEFT: 5.4pt">Portfolio</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; MARGIN-LEFT: 5.4pt">Tran Type</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; MARGIN-LEFT: 5.4pt">Par Values/Shares</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">PLUS</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">BUY</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">11-Jul-17</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">10,000</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">18.58</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">01-Aug-17</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">98,000</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">19.63</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">Seg Acct</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">SELL</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">01-Aug-17</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">98,000</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 5.4pt">19.63</div>
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<div>Item 6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="TEXT-DECORATION: underline; DISPLAY: inline">Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer</font>.</div>
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<div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Except as set forth in Item 4 of this Schedule 13D, none of the Reporting Persons has any contract, arrangement, understanding or relationship (legal or otherwise) with any person with respect to any securities of the Fund including, but not limited to, any contract, arrangement, understanding or relationship concerning the transfer or the voting of any securities of the Fund, joint ventures, loan or option arrangements, puts or calls, guaranties of profits, division of profits or losses, or the giving or withholding of proxies.</div>

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<div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">See Letter dated September 11, 2017, attached hereto as Exhibit A.</div>

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<div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 11, 2017</div>

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<div style="FONT-SIZE: 10pt; TEXT-DECORATION: underline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; DISPLAY: block">ANNEX A</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">DIRECTORS AND EXECUTIVE OFFICERS</div>

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<div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">The names of the directors and executive officers of CLIG and their business addresses and present principal occupation or employment are set forth below.&#160; If no business address is given, the business address of such director or executive officer is c/o City of London Investment Group PLC, 77 Gracechurch Street, London EC3V 0AS, England.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">David Cardale</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Barry Olliff</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Chief Executive Officer</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Susannah Nicklin</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Executive Director</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">The names of the directors and executive officers of CLIM and their business addresses and present principal occupation or employment are set forth below.&#160; If no business address is given, the business address of such director or executive officer is c/o City of London Investment Management Limited, 77 Gracechurch Street, London EC3V 0AS, England.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Tracy Rodrigues</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Finance Director</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Exhibit A</div>

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<div style="margin-left: 324pt; text-indent: 36pt; font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 11, 2017</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Mr. Joe O. Rogers, Chairman</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The China Fund, Inc.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">2477 Foxwood Drive</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Chapel Hill, NC&#160; 27514</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Dear Mr. Rogers,</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">City of London Investment Management Company Limited ("City of London") is, on behalf of our clients, a long-term investor in The China Fund, Inc. ("the Fund").&#160; We are responding to the Board's announcement on August 31, 2017, concerning the result of the Special Meeting of Stockholders (which had been "convened on June 20, 2017, adjourned and then reconvened on July 25, 2017 and adjourned and then reconvened on August 30, 2017"). As expected, the Stockholders did not approve the proposed investment advisory contract with Open Door Investment Management, Ltd. ("Open Door").</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">The Fund's Board expended Stockholders' resources on a protracted effort to reinstate previously-sanctioned principals of Open Door but ultimately failed in that effort. As we stated in previous letters, we believe that the Board has lost all credibility and that this Fund has no future. We have submitted a 14a-8 proposal to terminate the Fund's investment agreement in advance of the deadline of September 21, 2017. Our proposal to terminate the existing contract is attached.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">We continue to urge the Board to immediately take steps to provide Stockholders with a means to realize the net asset value of their shares.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Jeremy Bannister</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Director, Corporate Governance</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Attachment (Stockholder Proposal to The China Fund, Inc.)<br>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center">Stockholder Proposal to The China Fund, Inc.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-STYLE: italic; TEXT-ALIGN: center">September 11, 2017</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold">RESOLVED:&#160; </font>All investment advisory and management agreements between The China Fund, Inc. ("the Fund") and Allianz Global Investors U.S. LLC ("Allianz") shall be terminated by the Fund, pursuant to the right of stockholders as embodied in Section 15(a)(3) of the Investment Company Act of 1940 and as required to be included in such agreements, at the earliest date the Fund is legally permitted to do so.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">SUPPORTING STATEMENT</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">The investment results achieved by Allianz, the Fund's investment manager, did not keep pace with the benchmark index over an extended period. As such, Allianz, in its capacity as Manager, delivered unsatisfactory net asset value ("NAV") investment performance. Therefore, all investment advisory and management agreements between the Fund and Allianz should be terminated by the Fund.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">As outlined in the Fund's "Semi-Annual Report to Stockholders &#8211; April 30, 2017", the Board considered the renewal of the investment management and portfolio management agreements.&#160; The Manager's affiliate assumed its responsibilities effective April 6, 2012, and thus had crossed the five-year threshold at the date of the Semi-Annual Report.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">According to the section of the Semi-Annual Report entitled "Board Deliberations Regarding Approval of Investment Advisory Agreements," the Board determined that "the Fund underperformed the MSCI Golden Dragon Index for the one-, three- and five-year periods ended December 31, 2016 and outperformed the Index for the 10-year period ended December 31, 2016." The section went on the state that "The Directors concluded that, despite this general underperformance when compared to the Fund's benchmark, the performance of the Fund was adequate."</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">The facts are that the NAV performance delivered by Allianz for the rolling periods ending June 30, 2017, according to the Fund's own published investment results, lagged the benchmark index by 4.79% for the 1-year period and 2.62% annualized for the 3-year period, equating to a cumulative underperformance of approximately 7.5%. This is weak investment performance.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">The Board deemed Allianz's performance to be "adequate" on March 28, 2017, but later that same day the Board resolved to select Open Door Investment Management Ltd. as successor to Allianz. Clearly, the Board's actions and its words on that day stand in opposition to each other.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">For the reasons outlined above, we urge stockholders to exercise their right pursuant to Section 15(a)(3) of the Investment Company Act to vote to terminate all investment advisory and management agreements with Allianz Global Investors U.S. LLC.</div>
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