The China Fund, Inc. Confirms Distribution

The China Fund, Inc. Confirms Distribution

NEW YORK, December 19, 2016—The China Fund, Inc. confirms the distribution of net investment income in the amount of $0.4678 per share. As previously announced, the distribution will be payable on January 5, 2017 to stockholders of record on December 21, 2016 with an ex-dividend date of December 19, 2016.

The Fund has a Dividend Reinvestment and Cash Purchase Plan (the “Plan”) that is open to all stockholders. If the Fund shares trade at a premium to the net asset value of the Fund, the dividend reinvestment provides stockholders the ability to invest in the Fund at an amount less than market price per share. If the Fund is trading at a discount, Plan participants will receive shares of the Fund valued at market price per share. All stockholders may elect to participate in the Plan and may withdraw at any time within the limitations described in the Plan. Stockholders who have questions regarding the distribution may contact AST Fund Solutions, LLC at 1-888-CHN-CALL (246-2255).

The Fund is a closed-end management investment company seeking long-term capital appreciation primarily through investment in the equity securities of companies engaged in business in the People’s Republic of China.

The China Fund, Inc. is listed on the New York Stock Exchange under the ticker symbol “CHN”.