PAGE 1
000 A000000 02/28/99
000 C000000 909226
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 TEMPLETON CHINA WORLD FUND, INC.
001 B000000 811-7876
001 C000000 9545277591
002 A000000 500 EAST BROWARD BLVD SUITE 2100
002 B000000 FT LAUDERDALE
002 C000000 FL
002 D010000 33394
002 D020000 3091
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 TEMPLETON ASSET MANAGEMENT LTD.
008 B000001 A
008 C000001 801-42353
008 D010001 HONG KONG
008 D050001 HONG KONG
010 A000001 FRANKLIN TEMPLETON SERVICES INC.
010 C010001 FT LAUDERDALE
010 C020001 FL
010 C030001 33394
010 C040001 3091
010 A000002 PRINCETON ADMINISTRATORS, L.P.
010 C010002 PRINCETON
010 C020002 NJ
010 C030002 08543
010 C040002 9095
012 A000001 CHASE MELLON SHAREHOLDER SERVICES
012 B000001 84-0000
012 C010001 RIDGEFIELD PARK
PAGE 2
012 C020001 NJ
012 C030001 07660
013 A000001 MCGLADREY AND PULLEN, LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10017
013 B040001 2416
015 A000001 THE CHASE MANHATTAN BANK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10081
015 E010001 X
015 A000002 THE CHASE MANHATTAN BANK
015 B000002 S
015 C010002 BUENOS AIRES
015 D010002 ARGENTINA
015 D020002 1061
015 E040002 X
015 A000003 THE CHASE MANHATTAN BANK
015 B000003 S
015 C010003 SYDNEY
015 D010003 AUSTRALIA
015 D020003 NSW 2000
015 E040003 X
015 A000004 CREDITANSTALT AG
015 B000004 S
015 C010004 VIENNA
015 D010004 AUSTRIA
015 D020004 A-1011
015 E040004 X
015 A000005 STANDARD CHARTERED BANK
015 B000005 S
015 C010005 DHAKA
015 D010005 BANGLADESH
015 D020005 1000
015 E040005 X
015 A000006 GENERALE BANK
015 B000006 S
015 C010006 BRUSSELS
015 D010006 BELGIUM
015 D020006 1000
015 E040006 X
015 A000007 THE BANK OF BERMUDA LTD
015 B000007 S
015 C010007 HAMILTON
015 D010007 BERMUDA
015 E040007 X
015 A000008 BARCLAYS BANK OF BOTSWANA LIMITED
015 B000008 S
015 C010008 GABORONE
PAGE 3
015 D010008 BOTSWANA
015 E040008 X
015 A000009 CANADA TRUST
015 B000009 S
015 C010009 TORONTO
015 D010009 CANADA
015 D020009 M5J 2T2
015 E040009 X
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015 B000010 S
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015 D010010 CANADA
015 D020010 M5J 2J5
015 E040010 X
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015 B000011 S
015 C010011 SHANGHAI
015 D010011 CHINA
015 D020011 200120
015 E040011 X
015 A000012 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000012 S
015 C010012 SHENZHEN
015 D010012 CHINA
015 E040012 X
015 A000013 CITITRUST COLUMBIA S.A.
015 B000013 S
015 C010013 SANTAFE DE BOGOTA
015 D010013 COLOMBIA
015 E040013 X
015 A000014 BARCLAYS BANK PLC
015 B000014 S
015 C010014 NICOSIA
015 D010014 CYPRUS
015 D020014 1644
015 E040014 X
015 A000015 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000015 S
015 C010015 PRAHA
015 D010015 CZECH REPUBLIC
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015 E040015 X
015 A000016 DEN DANSKE BANK
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015 D010016 DENMARK
015 E040016 X
015 A000017 CITIBANK, N.A.
015 B000017 S
015 C010017 QUITO
015 D010017 ECUADOR
PAGE 4
015 E040017 X
015 A000018 NATIONAL BANK OF EGYPT
015 B000018 S
015 C010018 CAIRO
015 D010018 EGYPT
015 E040018 X
015 A000019 FIRST CHICAGO CLEARING CENTRE
015 B000019 S
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015 D010019 UNITED KINGDOM
015 D020019 EC3A 1AA
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015 B000020 S
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015 D010021 BELGIUM
015 D020021 B-1210
015 E040021 X
015 A000022 MERITA BANK LTD
015 B000022 S
015 C010022 HELSINKI
015 D010022 FINLAND
015 E040022 X
015 A000023 BANQUE PARIBAS
015 B000023 S
015 C010023 PARIS
015 D010023 FRANCE
015 D020023 75078
015 E040023 X
015 A000024 DRESDNER BANK A.G.
015 B000024 S
015 C010024 FRANKFURT
015 D010024 GERMANY
015 E040024 X
015 A000025 BARCLAYS BANK OF GHANA LTD
015 B000025 S
015 C010025 ACCRA
015 D010025 GHANA
015 E040025 X
015 A000026 BARCLAYS BANK PLC
015 B000026 S
015 C010026 ATHENS
015 D010026 GREECE
015 D020026 10562
015 E040026 X
015 A000027 THE CHASE MANHATTAN BANK
PAGE 5
015 B000027 S
015 C010027 HONG KONG
015 D010027 HONG KONG
015 E040027 X
015 A000028 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000028 S
015 C010028 JAKARTA
015 D010028 INDONESIA
015 D020028 10023
015 E040028 X
015 A000029 BANK OF IRELAND
015 B000029 S
015 C010029 DUBLIN
015 D010029 IRELAND
015 D020029 1
015 E040029 X
015 A000030 BANK LEUMI LE-ISRAEL B.M.
015 B000030 S
015 C010030 TEL AVIV
015 D010030 ISRAEL
015 D020030 61000
015 E040030 X
015 A000031 BANQUE PARIBAS
015 B000031 S
015 C010031 MILAN
015 D010031 ITALY
015 D020031 20121
015 E040031 X
015 A000032 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B000032 S
015 C010032 ABIDJAN
015 D010032 IVORY COAST
015 D020032 01
015 E040032 X
015 A000033 THE FUJI BANK LTD
015 B000033 S
015 C010033 TOKYO
015 D010033 JAPAN
015 E040033 X
015 A000034 BARCLAYS BANK OF KENYA
015 B000034 S
015 C010034 NAIROBI
015 D010034 KENYA
015 E040034 X
015 A000035 BANQUE GENERALE DU LUXEMBOURG S.A.
015 B000035 S
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015 D010035 LUXEMBOURG
015 D020035 L-2951
015 E040035 X
015 A000036 THE CHASE MANHATTAN BANK
PAGE 6
015 B000036 S
015 C010036 KUALA LUMPUR
015 D010036 MALAYSIA
015 D020036 50250
015 E040036 X
015 A000037 HONGKONG BANK SECURITIES CUSTODIAL SERVICES
015 B000037 S
015 C010037 PORT LOUIS
015 D010037 MAURITIUS
015 E040037 X
015 A000038 THE CHASE MANHATTAN BANK S.A.
015 B000038 S
015 C010038 MEXICO D.F.
015 D010038 MEXICO
015 D020038 01210
015 E040038 X
015 A000039 BANQUE COMMERCIALE DU MAROC
015 B000039 S
015 C010039 CASABLANCA
015 D010039 MOROCCO
015 D020039 20000
015 E040039 X
015 A000040 STANDARD BANK NAMIBIA LTD
015 B000040 S
015 C010040 WINDHOEK
015 D010040 NAMIBIA
015 E040040 X
015 A000041 ABN AMRO N.V.
015 B000041 S
015 C010041 DE BREDA
015 D010041 NETHERLANDS
015 D020041 4800
015 E040041 X
015 A000042 NATIONAL NOMINEES LIMITED
015 B000042 S
015 C010042 AUCKLAND
015 D010042 NEW ZEALAND
015 E040042 X
015 A000043 DEN NORSKE BANK
015 B000043 S
015 C010043 OSLO
015 D010043 NORWAY
015 D020043 N-0107
015 E040043 X
015 A000044 THE BRITISH BANK OF THE MIDDLE EAST
015 B000044 S
015 C010044 RUWI, MUSCAT
015 D010044 OMAN
015 E040044 X
015 A000045 CITIBANK N.A.
015 B000045 S
PAGE 7
015 C010045 KARACHI
015 D010045 PAKISTAN
015 D020045 74200
015 E040045 X
015 A000046 CITIBANK N.A.
015 B000046 S
015 C010046 LIMA
015 D010046 PERU
015 D020046 27
015 E040046 X
015 A000047 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000047 S
015 C010047 PASIG CITY
015 D010047 PHILIPPINES
015 E040047 X
015 A000048 BANK HANDLOWY W. WARSZAWIE S.A.
015 B000048 S
015 C010048 WARSAW
015 D010048 POLAND
015 D020048 00-950
015 E040048 X
015 A000049 BANCO ESPIRITO SANTO E COMERCIAL DE LISBOA SA
015 B000049 S
015 C010049 LISBON
015 D010049 PORTUGAL
015 D020049 1250
015 E040049 X
015 A000050 STANDARD CHARTERED BANK
015 B000050 S
015 C010050 SINGAPORE
015 D010050 SINGAPORE
015 D020050 049909
015 E040050 X
015 A000051 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B000051 S
015 C010051 BRATISLAVA
015 D010051 SLOVAK REPUBLIC
015 D020051 815 63
015 E040051 X
015 A000052 THE STANDARD BANK OF SOUTH AFRICA LIMITED
015 B000052 S
015 C010052 JOHANNESBURG
015 D010052 SOUTH AFRICA
015 E040052 X
015 A000053 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000053 S
015 C010053 SEOUL
015 D010053 SOUTH KOREA
015 E040053 X
015 A000054 THE CHASE MANHATTAN BANK
015 B000054 S
PAGE 8
015 C010054 MADRID
015 D010054 SPAIN
015 D020054 28046
015 E040054 X
015 A000055 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000055 S
015 C010055 COLOMBO
015 D010055 SRI LANKA
015 D020055 1
015 E040055 X
015 A000056 STANBIC BANK SWAZILAND LTD
015 B000056 S
015 C010056 MBABANE
015 D010056 SWAZILAND
015 E040056 X
015 A000057 SKANDINAVISKA ENSKILDA BANKEN
015 B000057 S
015 C010057 STOCKHOLM
015 D010057 SWEDEN
015 D020057 S-106 40
015 E040057 X
015 A000058 UBS AG.
015 B000058 S
015 C010058 ZURICH
015 D010058 SWITZERLAND
015 D020058 8021
015 E040058 X
015 A000059 THE CHASE MANHATTAN BANK
015 B000059 S
015 C010059 TAIPEI
015 D010059 TAIWAN
015 E040059 X
015 A000060 THE CHASE MANHATTAN BANK
015 B000060 S
015 C010060 BANGKOK
015 D010060 THAILAND
015 D020060 10500
015 E040060 X
015 A000061 THE CHASE MANHATTAN BANK
015 B000061 S
015 C010061 ISTANBUL
015 D010061 TURKEY
015 D020061 80700
015 E040061 X
015 A000062 THE CHASE MANHATTAN BANK
015 B000062 S
015 C010062 LONDON
015 D010062 UNITED KINGDOM
015 D020062 EC2N 4AJ
015 E040062 X
015 A000063 THE FIRST NATIONAL BANK OF BOSTON
PAGE 9
015 B000063 S
015 C010063 MONTEVIDEO
015 D010063 URUGUAY
015 E040063 X
015 A000064 BARCLAYS BANK OF ZAMBIA
015 B000064 S
015 C010064 LUSAKA
015 D010064 ZAMBIA
015 E040064 X
015 A000065 BARCLAYS BANK OF ZIMBABWE
015 B000065 S
015 C010065 HARARE
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015 E040065 X
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020 B000001 HONG KONG
020 C000001 106
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020 B000002 13-5659485
020 C000002 47
020 A000003 MORGAN STANLEY
020 B000003 13-2655998
020 C000003 39
020 A000004 MERRILL LYNCH
020 B000004 13-5674085
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020 A000006 GOLDMAN SACHS
020 B000006 13-5108880
020 C000006 9
020 A000007 ING BEARING
020 B000007 04-2455153
020 C000007 8
020 A000008 W.I. CARR LTD.
020 B000008 13-2927466
020 C000008 5
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020 C000009 5
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022 A000002 HONGKONG AND SHANGHAI BANKING CORP
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022 C000002 20681
022 D000002 16455
022 A000003 CHASE SECURITIES
022 B000003 13-3112953
022 C000003 9134
022 D000003 2180
PAGE 10
022 A000004 PAINE WEBBER
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PAGE 11
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PAGE 12
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PAGE 13
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PAGE 14
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PAGE 15
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PAGE 16
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SIGNATURE /s/JAMES R. BAIO
James R. Baio
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE TEMPLETON
CHINA WORLD FUND FEBRUARY 28, 1999 SEMI-ANNUAL REPO
RT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000909226
<NAME> TEMPLETON CHINA WORLD FUND, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1999
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 199102218
<INVESTMENTS-AT-VALUE> 140016146
<RECEIVABLES> 44841
<ASSETS-OTHER> 148
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 140061135
<PAYABLE-FOR-SECURITIES> 654624
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 279045
<TOTAL-LIABILITIES> 933669
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 277773389
<SHARES-COMMON-STOCK> 19319572
<SHARES-COMMON-PRIOR> 19319572
<ACCUMULATED-NII-CURRENT> 116737
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (79676588)
<ACCUM-APPREC-OR-DEPREC> (59086072)
<NET-ASSETS> 139127466
<DIVIDEND-INCOME> 1085699
<INTEREST-INCOME> 591633
<OTHER-INCOME> 0
<EXPENSES-NET> (1280153)
<NET-INVESTMENT-INCOME> 397179
<REALIZED-GAINS-CURRENT> (27267176)
<APPREC-INCREASE-CURRENT> 48646895
<NET-CHANGE-FROM-OPS> 21776898
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4057110)
<DISTRIBUTIONS-OF-GAINS> (289793)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 17429995
<ACCUMULATED-NII-PRIOR> 3776668
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (52119619)
<GROSS-ADVISORY-FEES> (925842)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1280153)
<AVERAGE-NET-ASSETS> 148165934
<PER-SHARE-NAV-BEGIN> 6.30
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 1.10
<PER-SHARE-DIVIDEND> (0.21)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 7.20
<EXPENSE-RATIO> 1.74<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>THE EXPENSE RATIO IS ANNUALIZED.
</FN>
</TABLE>
