DESCRIPTION:  PRESS RELEASE

Please see attached Press Release for information regarding the
Jardine Fleming China Region Fund's reduction of investment
advisory fee.

[PAGE BREAK]


             JARDINE FLEMING CHINA REGION FUND, INC.

              Reduction of Investment Advisory Fee

NEW YORK, New York, February 1, 2002 - The Board of Directors of
Jardine Fleming China Region Fund, Inc. (the "Fund") hereby
announces that the investment advisory and management fee of the
Fund payable to JF International Management Inc. has been
reduced.  This reduction will be effective retroactively as of
November 1, 2001.

The old fee rate was 1.25% per annum on the first USD75 million
and 1.00% of the excess over USD75 million of the Fund's weekly
net assets.

The new fee rate is 1.00% per annum of the Fund's weekly net
assets.

The Fund is a non-diversified, closed-end investment company
whose objective is to seek long-term capital appreciation through
investment in equity securities of companies with substantial
assets in, or revenues derived from the People's Republic of
China, Hong Kong, Taiwan and Macau.  The Fund is managed by JF
International Management, Inc., an indirect subsidiary of J.P.
Morgan Chase.

Contact information: Jardine Fleming China Region Fund, Inc. c/o
PFPC Inc., 400 Bellevue Parkway, Wilmington, DE 19809, telephone
(302) 791-2000 or (800) 441-9800.


[PAGE BREAK]


                        SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.

                           JARDINE FLEMING CHINA REGION FUND, INC.

                           /s/John P. Falco
                           John P. Falco, Assistant Secretary

Date: February 4, 2002