ALLIANCE ALL ASIA INVESTMENT FUND INC
NSAR-B, 1996-12-24
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<PAGE>      PAGE  1
000 B000000 10/31/96
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000 F000000 Y
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000 J000000 A
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008 B000001 A
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008 D010001 NEW YORK
008 D020001 NY
008 D030001 10105
010 A000001 ALLIANCE CAPITAL MANAGEMENT LP
010 B000001 32361
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10105
011 A000001 ALLIANCE FUND DISTRIBUTORS INC
011 B000001 8-30851
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10105
012 A000001 ALLIANCE FUND SERVICES INC
012 B000001 84-001187
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012 C030001 07094
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SIGNATURE   CATHERINE M. VACCA                           
TITLE       DEPUTY MANAGER      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

		
		
<ARTICLE>	6	
     <SERIES>		
     <NUMBER>	001	
     <NAME>	Class A	
<MULTIPLIER>	1	
       		
<S>	<C>	
<PERIOD-TYPE>	Year	
<FISCAL-YEAR-END>		Oct-31-1996
<PERIOD-START>		Nov-01-1995
<PERIOD-END>		Oct-31-1996
<INVESTMENTS-AT-COST>		"41,931,162 "
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<OTHER-ITEMS-ASSETS>		0 
<TOTAL-ASSETS>		"42,207,955 "
<PAYABLE-FOR-SECURITIES>		"922,656 "
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<PAID-IN-CAPITAL-COMMON>		"41,075,668 "
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<OTHER-INCOME>		0 
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<NET-INVESTMENT-INCOME>		"(646,380)"
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<APPREC-INCREASE-CURRENT>		"(1,889,917)"
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

		
		
<ARTICLE>	6	
     <SERIES>		
     <NUMBER>	002	
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<S>	<C>	
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

		
		
<ARTICLE>	6	
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     <NUMBER>	003	
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

		
		
<ARTICLE>	6	
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<DISTRIBUTIONS-OTHER>		0 
<NUMBER-OF-SHARES-SOLD>		"27,384 "
<NUMBER-OF-SHARES-REDEEMED>		0 
<SHARES-REINVESTED>		0 
<NET-CHANGE-IN-ASSETS>		"31,685,365 "
<ACCUMULATED-NII-PRIOR>		"68,726 "
<ACCUMULATED-GAINS-PRIOR>		0 
<OVERDISTRIB-NII-PRIOR>		0 
<OVERDIST-NET-GAINS-PRIOR>		"(7,793)"
<GROSS-ADVISORY-FEES>		"290,315 "
<INTEREST-EXPENSE>		0 
<GROSS-EXPENSE>		"1,118,175 "
<AVERAGE-NET-ASSETS>		"29,031,590 "
<PER-SHARE-NAV-BEGIN>		11.65 
<PER-SHARE-NII>		0 
<PER-SHARE-GAIN-APPREC>		(.61)
<PER-SHARE-DIVIDEND>		0 
<PER-SHARE-DISTRIBUTIONS>		0 
<RETURNS-OF-CAPITAL>		0 
<PER-SHARE-NAV-END>		11.04 
<EXPENSE-RATIO>		5.31 
<AVG-DEBT-OUTSTANDING>		0 
<AVG-DEBT-PER-SHARE>		0 
		
		
		
		
		
		
		
		
		
		
		
		
		
		
		
		
		
		
		
		
		
		
		


</TABLE>


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