<PAGE> PAGE 1
000 B000000 12/31/1999
000 C000000 798738
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 SCUDDER NEW ASIA FUND, INC.
001 B000000 811-4789
001 C000000 6179511848
002 A000000 345 PARK AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10154
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 SCUDDER KEMPER INVESTMENTS, INC.
008 B000001 A
008 C000001 801-252
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10154
010 A000001 SCUDDER FUND ACCOUNTING CORP.
010 C010001 BOSTON
010 C020001 MA
010 C030001 02110
010 C040001 4103
012 A000001 STATE STREET BANK AND TRUST COMPANY
012 B000001 85-5003
012 C010001 BOSTON
012 C020001 MA
012 C030001 02110
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 BOSTON
013 B020001 MA
<PAGE> PAGE 2
013 B030001 02110
014 A000001 SCUDDER INVESTOR SERVICES, INC.
014 B000001 8-298
014 A000002 GRUNTAL & CO., INC.
014 B000002 8-31022
014 A000003 GMS GROUP LLC (A GRUNTAL AFFILIATE)
014 B000003 8-23936
014 A000004 ZURICH CAPITAL MARKETS
014 B000004 8-49827
014 A000005 BANK HANDLOWY
014 B000005 8-24613
014 A000006 KEMPER DISTRIBUTORS, INC.
014 B000006 8-47765
015 A000001 BROWN BROTHERS HARRIMAN & CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E020001 X
015 A000002 HONG KONG & SHANGHAI BANKING CORP.
015 B000002 S
015 C010002 HONG KONG
015 D010002 HONG KONG
015 E040002 X
015 A000003 CITIBANK N.A.
015 B000003 S
015 C010003 MUMBAI
015 D010003 INDIA
015 E040003 X
015 A000004 CITIBANK N.A.
015 B000004 S
015 C010004 JAKARTA
015 D010004 INDONESIA
015 E040004 X
015 A000005 SUMITOMO TRUST & BANKING CO.
015 B000005 S
015 C010005 TOKYO
015 D010005 JAPAN
015 E040005 X
015 A000006 CITIBANK N.A.
015 B000006 S
015 C010006 SEOUL
015 D010006 KOREA
015 E040006 X
015 A000007 HONG KONG BANK MALAYSIA BERHAD
015 B000007 S
015 C010007 BERHAD
015 D010007 MALAYSIA
015 E040007 X
015 A000008 NATIONAL AUSTRALIA BANK LTD.
015 B000008 S
<PAGE> PAGE 3
015 C010008 AUCKLAND
015 D010008 NEW ZEALAND
015 E040008 X
015 A000009 STANDARD CHARTERED BANK
015 B000009 S
015 C010009 KARACHI
015 D010009 PAKISTAN
015 E040009 X
015 A000010 CITIBANK N.A.
015 B000010 S
015 C010010 MANILA
015 D010010 PHILIPPINES
015 E040010 X
015 A000011 HONG KONG & SHANGHAI BANKING CORP
015 B000011 S
015 C010011 SINGAPORE
015 D010011 SINGAPORE
015 E040011 X
015 A000012 HONG KONG & SHANGHAI BANKING CORP.
015 B000012 S
015 C010012 COLOMBO
015 D010012 SRI LANKA
015 E040012 X
015 A000013 CENTRAL TRUST OF CHINA
015 B000013 S
015 C010013 XXXX
015 D010013 TAIWAN
015 E040013 X
015 A000014 HONG KONG & SHANGHAI BANKING CORP.
015 B000014 S
015 C010014 BANGKOK
015 D010014 THAILAND
015 E040014 X
015 A000015 LLOYD'S BANK
015 B000015 S
015 C010015 LONDON
015 D010015 ENGLAND
015 E040015 X
018 000000 Y
019 A000000 Y
019 B000000 84
019 C000000 SCUDDERKEM
020 A000001 FLEMING
020 B000001 13-3298866
020 C000001 180
020 A000002 MERRILL LYNCH
020 B000002 13-5674085
020 C000002 225
020 A000003 CREDIT LYONNAIS
020 C000003 117
020 A000004 S G WARBUG & CO INC.
<PAGE> PAGE 4
020 B000004 13-3243112
020 C000004 79
020 A000005 W.I. CAR LTD
020 C000005 69
020 A000006 MORGAN STANLEY
020 C000006 67
020 A000007 THE FIRST BOSTON CORPORATION
020 C000007 62
020 A000008 ABN AMRO
020 C000008 41
020 A000009 DEUTSCHE BANK CAPITAL
020 C000009 38
020 A000010 GOLDMAN SACHS & CO.
020 C000010 21
021 000000 993
022 A000001 DONALDSON LUF & JEN FIXED INC.
022 C000001 624183
022 D000001 0
022 A000002 GOLDMAN SACHS & CO.
022 C000002 5590
022 D000002 3167
022 A000003 CHASE MANAHATTAN
022 C000003 3120
022 D000003 3120
022 A000004 MORGAN STANLEY & CO.
022 C000004 3563
022 D000004 681
022 A000005 MERRILL LYNCH
022 C000005 1276
022 D000005 1787
022 A000006 LEHMAN BROTHERS
022 C000006 744
022 D000006 2124
022 A000007 STATE STREET BANK
022 C000007 2233
022 D000007 0
022 A000008 FLEMING
022 C000008 1268
022 D000008 513
022 A000009 KLEINWORT BENSON
022 C000009 0
022 D000009 1052
022 A000010 ABN AMRO
022 C000010 1022
022 D000010 0
023 C000000 652801
023 D000000 18045
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
<PAGE> PAGE 5
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
<PAGE> PAGE 6
035 000000 0
036 B000000 0
038 000000 0
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 75000
048 A020000 1.250
048 B010000 125000
048 B020000 1.150
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 200000
048 K020000 1.100
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
<PAGE> PAGE 7
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 0
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 Y
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
<PAGE> PAGE 8
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 128114
071 B000000 -132528
071 C000000 139821
071 D000000 92
072 A000000 12
072 B000000 499
072 C000000 1262
072 D000000 0
072 E000000 0
072 F000000 1704
072 G000000 0
072 H000000 0
072 I000000 40
072 J000000 391
072 K000000 0
072 L000000 79
072 M000000 147
072 N000000 0
<PAGE> PAGE 9
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 87
072 S000000 13
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 41
072 X000000 2502
072 Y000000 0
072 Z000000 -741
072AA000000 30062
072BB000000 0
072CC010000 79697
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 3112
074 B000000 2232
074 C000000 0
074 D000000 0
074 E000000 534
074 F000000 207106
074 G000000 0
074 H000000 0
074 I000000 547
074 J000000 0
074 K000000 0
074 L000000 256
074 M000000 2
074 N000000 213789
074 O000000 0
074 P000000 198
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1479
074 S000000 0
074 T000000 212112
074 U010000 8805
074 U020000 0
074 V010000 24.09
074 V020000 0.00
074 W000000 0.0000
<PAGE> PAGE 10
074 X000000 0
074 Y000000 0
075 A000000 0
075 B000000 141379
076 000000 24.09
077 A000000 Y
077 B000000 Y
077 Q010000 N
077 Q020000 N
077 Q030000 Y
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000 700400
081 A000000 Y
081 B000000 210
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 SCUDDER NEW ASIA FUND, CLASS A
087 A020000 811183102
087 A030000 SAF
SIGNATURE JOHN MILLETTE
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
New Asia Fund, Inc. Annual Report for the fiscal year ended 12/31/1999 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> Scudder New Asia Fund, Inc.
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 119,117,294
<INVESTMENTS-AT-VALUE> 210,418,957
<RECEIVABLES> 256,528
<ASSETS-OTHER> 3,111,579
<OTHER-ITEMS-ASSETS> 1,697
<TOTAL-ASSETS> 213,788,761
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,677,217
<TOTAL-LIABILITIES> 1,677,217
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 118,023,892
<SHARES-COMMON-STOCK> 8,804,757
<SHARES-COMMON-PRIOR> 8,804,757
<ACCUMULATED-NII-CURRENT> (542,993)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,622,325
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 90,008,320
<NET-ASSETS> 212,111,544
<DIVIDEND-INCOME> 1,261,762
<INTEREST-INCOME> 499,430
<OTHER-INCOME> 0
<EXPENSES-NET> 2,502,480
<NET-INVESTMENT-INCOME> (741,288)
<REALIZED-GAINS-CURRENT> 30,061,510
<APPREC-INCREASE-CURRENT> 79,697,321
<NET-CHANGE-FROM-OPS> 109,017,543
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 109,017,543
<ACCUMULATED-NII-PRIOR> 311,835
<ACCUMULATED-GAINS-PRIOR> (26,405,037)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,704,298
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,502,480
<AVERAGE-NET-ASSETS> 141,379,429
<PER-SHARE-NAV-BEGIN> 11.71
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 12.46
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 24.09
<EXPENSE-RATIO> 1.77
</TABLE>
REPORT OF INDEPENDENT ACCOUNTANTS
To the Board of Directors and Shareholders of Scudder New Asia Fund, Inc.:
In planning and performing our audit of the financial statements of Scudder New
Asia Fund, Inc., (the "Fund"), for the year ended December 31, 1999, 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 Fund 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
entity's objective of preparing financial statements for external purposes that
are fairly presented in conformity with generally accepted accounting
principles. 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 risk that controls may become inadequate
because of changes in 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
December 31, 1999.
This report is intended solely for the information and use of the Board of
Directors, management, and the Securities and Exchange Commission and is not
intended to be and should not be used by anyone other than the specified
parties.
/s/PricewaterhouseCoopers LLP
Boston, Massachusetts
February 22, 2000