MATTHEWS ASIA SCIENCE AND TECHNOLOGY FUND (Prospectus Summary) | MATTHEWS ASIA SCIENCE AND TECHNOLOGY FUND

Matthews Asia Science and Technology Fund

Investment Objective

Long-term capital appreciation

Fees and Expenses of the Fund

This table describes the fees and expenses that you may pay if you buy and hold
shares of this Fund.

SHAREHOLDER FEES (fees paid directly from your investment)

Shareholder Fees	MATTHEWS ASIA SCIENCE AND TECHNOLOGY FUND Investor Class Shares
Redemption Fee (as a percentage of amount redeemed on shares held fewer than 90 days)	2.00%

ANNUAL OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses	MATTHEWS ASIA SCIENCE AND TECHNOLOGY FUND Investor Class Shares
Management Fees	0.67%
Distribution (12b-1) Fees	none
Administration and Shareholder Servicing Fees	0.15%
Other Expenses	0.54%
Total Annual Fund Operating Expenses	1.21%

EXAMPLE OF FUND EXPENSES

This example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The example assumes that you
invest $10,000 in the Fund for the time periods indicated and then redeem all of
your shares at the end of those periods. The example also assumes that your
investment has a 5% return each year and that the Fund's operating expenses
remain the same. Although your actual costs may be higher or lower, based on
these assumptions your costs would be:

Expense Example (USD $)	Expense Example, With Redemption, 1 Year	Expense Example, With Redemption, 3 Years	Expense Example, With Redemption, 5 Years	Expense Example, With Redemption, 10 Years
MATTHEWS ASIA SCIENCE AND TECHNOLOGY FUND Investor Class Shares	123	384	665	1,466

PORTFOLIO TURNOVER

The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example of fund expenses, affect the
Fund's performance. During the most recent fiscal year, the Fund's portfolio
turnover rate was 65% of the average value of its portfolio.

Principal Investment Strategy

Under normal market conditions, the Matthews Asia Science and Technology Fund
seeks to achieve its investment objective by investing at least 80% of its total
net assets, which include borrowings for investment purposes, in the common and
preferred stocks of companies located in Asia that derive more than 50% of their
revenues from the sale of products or services in science- and technology-related
industries and services. Asia consists of all countries and markets in Asia,
including developed, emerging, and frontier countries and markets in the Asian
region. The location of a company can be determined by where it is organized,
where its revenues and profits are derived, where its assets are located, or other
factors. The Fund seeks to invest in companies capable of sustainable growth based
on the fundamental characteristics of those companies, including balance sheet
information; number of employees; size and stability of cash flow; management's
depth, adaptability and integrity; product lines; marketing strategies; corporate
governance; and financial health.
  
Matthews considers science- and technology-related industries and services to
include, but not be limited to, the following: telecommunications,
telecommunications equipment, computers, semiconductors, semiconductor capital
equipment, networking, Internet and online service companies, media, office
automation, server hardware producers, software companies (e.g., design,
consumer and industrial), biotechnology and medical device technology companies,
pharmaceuticals and companies involved in the distribution and servicing of
these products.

Principal Risks of Investment

Political, Social and Economic Risks: The value of the Fund's assets may be
adversely affected by political, economic, social and religious instability;
inadequate investor protection; changes in laws or regulations of countries
within the Asian region (including countries in which the Fund invests, as well
as the broader region); international relations with other nations; natural
disasters; corruption and military activity. The Asian region, and particularly
China, Japan and South Korea, may be adversely affected by political, military,
economic and other factors related to North Korea. In addition, China's
long-running conflict over Taiwan, border disputes with many of its neighbors
and historically strained relations with Japan could adversely impact economies
in the region. The economies of many Asian countries differ from the economies
of more developed countries in many respects, such as rate of growth, inflation,
capital reinvestment, resource self-sufficiency, financial system stability, the
national balance of payments position and sensitivity to changes in global
trade. Certain Asian countries are highly dependent upon and may be affected by
developments in the United States, Europe and other Asian economies.
  
Currency Risks: When the Fund conducts securities transactions in a foreign
currency, there is the risk of the value of the foreign currency increasing or
decreasing against the value of the U.S. dollar. The value of an investment
denominated in a foreign currency will decline in dollar terms if that currency
weakens against the dollar. While the Fund is permitted to hedge currency risks,
Matthews does not anticipate doing so at this time. Additionally, Asian
countries may utilize formal or informal currency-exchange controls or "capital
controls." Capital controls may impose restrictions on the Fund's ability to
repatriate investments or income. Such controls may also affect the value of the
Fund's holdings.
  
Risks Associated with Emerging and Frontier Markets: Many Asian countries are
considered emerging or frontier markets. Such markets are often less stable
politically and economically than developed markets such as the United States,
and investing in these markets involves different and greater risks. There may
be less publicly available information about companies in emerging and frontier
markets. Their stock exchanges and brokerage industries typically do not have
the level of government oversight as do those in the United States. Securities
markets of such countries are substantially smaller, less liquid and more
volatile than securities markets in the United States.
  
Trading Markets and Depositary Receipts: Asian securities may trade in the form
of depositary receipts, including American, European and Global Depositary
Receipts. Although depositary receipts have risks similar to the securities that
they represent, they may also involve higher expenses and may trade at a
discount (or premium) to the underlying security. In addition, depositary
receipts may not pass through voting and other shareholder rights, and may be
less liquid than the underlying securities listed on an exchange.
  
Volatility: The smaller size and lower levels of liquidity in emerging markets,
as well as other factors, may result in changes in the prices of Asian
securities that are more volatile than those of companies in more developed
regions. This volatility can cause the price of the Fund's shares (NAV) to go up
or down dramatically. Because of this volatility, it is recommended that you
invest in the Fund only for the long term (at least five years).
  
Science and Technology: As a fund that invests in science and technology
companies, the Fund is subject to the risks associated with these sectors. This
makes the Fund more vulnerable to the price changes of securities issuers in
science- and technology-related industries and to factors that affect these
industries, relative to a broadly diversified fund.
  
Certain science- and technology-related companies may face special risks because
their products or services may not prove to be commercially successful. Many
science and technology companies have limited operating histories and experience
in managing adverse market conditions and are also strongly affected by
worldwide scientific or technological developments and global demand cycles. As
a result, their products may rapidly become obsolete, which could cause a
dramatic decrease in the value of their stock. Such companies are also often
subject to governmental regulation and may therefore be adversely affected by
governmental policies.

Past Performance

The bar chart below shows the Fund's performance for the past 10 years and how
it has varied from year to year, reflective of the Fund's volatility. Also shown
are the best and worst quarters for this time period. The table below shows the
Fund's performance over certain periods of time, along with performance of its
benchmark index. The index performance does not take into consideration fees,
expenses or taxes. The information presented below is past performance, before
and after taxes, and is not a prediction of future results. Both the bar chart
and performance table assume reinvestment of all dividends and distributions.
For the Fund's most recent month-end performance, please visit matthewsasia.com
or call 800.789.2742.

The bar chart below shows the Fund's performance for the past 10 years and how
it has varied from year to year, reflective of the Fund's volatility.

ANNUAL RETURNS FOR YEARS ENDED 12/31

Best Quarter
Q2 2003
28.73%

Worst Quarter
Q4 2008
-24.40%

AVERAGE ANNUAL TOTAL RETURNS FOR PERIODS ENDED DECEMBER 31, 2011

Average Annual Total Returns MATTHEWS ASIA SCIENCE AND TECHNOLOGY FUND	Average Annual Returns, Label		Average Annual Returns, 1 Year	Average Annual Returns, 5 Years	Average Annual Returns, 10 Years	Average Annual Returns, Since Inception	Average Annual Returns, Inception Date
Investor Class Shares	Matthews Asia Science and Technology Fund Return before taxes		(17.26%)	0.70%	7.72%	(1.19%)	Dec. 27, 1999
Investor Class Shares After Taxes on Distributions	Matthews Asia Science and Technology Fund Return after taxes on distributions	[1]	(17.14%)	0.76%	7.75%	(1.34%)	Dec. 27, 1999
Investor Class Shares After Taxes on Distributions and Sales	Matthews Asia Science and Technology Fund Return after taxes on distributions and sale of Fund shares	[1]	(11.01%)	0.67%	6.89%	(1.09%)	Dec. 27, 1999
MSCI AC Asia IT and Telecom Services Index	MSCI AC Asia IT and Telecom Services Index	[2]	(12.30%)	(0.51%)	4.76%	(4.99%)	Dec. 31, 1999

[1] After-tax returns are calculated using the highest historical individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.

[2] Formerly known as MSCI/Matthews Asian Technology Index.