The China Fund, Inc. (NYSE:CHN) has declared capital gain and net investment income distributions in the estimated aggregate amount of $2.9964 per share. The capital gain portion of the distributions is comprised of long-term capital gains estimated at $2.8222 per share. The net investment income portion of the distributions is estimated to be $0.1742 per share. The precise amount of the distributions will be determined on the ex-dividend date of the distributions, at which time the Fund will make a further announcement. The distributions will be payable on December 29, 2011 to shareholders of record on December 23, 2011 with an ex-dividend date of December 21, 2011 .

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