CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We  hereby  consent  to the  incorporation  by  reference  in this  Registration
Statement  on Form N-1A of our report dated  October 18,  2006,  relating to the
financial statements and financial  highlights,  which appears in the August 31,
2006 Annual Report to Shareholders of Templeton China World Fund, which are also
incorporated by reference into the  Registration  Statement.  We also consent to
the references to us under the headings "Financial  Highlights" and "Independent
Registered Public Accounting Firm" in such Registratio Statement.


/s/PRICEWATERHOUSECOOPERS LLP

San Francisco, California
December 22, 2006