ALLIANCE ALL ASIA INVESTMENT FUND INC
485BPOS, EX-99.J, 2000-10-30
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                 CONSENT OF INDEPENDENT AUDITORS


We consent to the reference to our firm under the captions
"Financial Highlights," "Shareholders Services - Statements and
Reports" and "General Information - Independent Auditors" and to
the use of our report dated December 13, 1999 incorporated by
reference in this Registration Statement (Form N-1A Nos. 33-84270
and 811-8776) of Alliance All-Asia Investment Fund, Inc.


ERNST & YOUNG LLP

New York, New York
October 25, 2000





































00250203.AY7



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