The China Fund, Inc. $(CHN)$ has announced that its Board of Directors has approved a plan of liquidation and dissolution. This plan will be presented to stockholders for approval at an upcoming Special Meeting, with further details to be disclosed in a proxy statement to be sent to stockholders. The decision to liquidate the Fund comes after considering various factors, including geopolitical and market conditions, the Fund's size and trading volume, its discount to net asset value, and the availability of alternative investment options like exchange-traded funds. The Board ultimately concluded that liquidation is in the best interests of the Fund and its stockholders. Stockholders are advised to review the forthcoming proxy statement for more information.
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