In recent months we have had plenty of news around the current state of the Chinese economy. The golden times of growth for the Asian country seem to be behind it and the government is trying to cope with an economy that has been losing momentum.

The macro figures of the past few weeks have not been very convincing and in most cases the figures were unable to beat the expectations of the analysts. Investors are seemingly getting used to the fact that China is not the growth economy it once was.

At the start of the year it already became clear that the Chinese economy would take it down a notch. The government was quite convinced that it would reach its targets, however, but now that the year is almost over we can clearly see that it has not been able to do so.

Chinese Market Remains Attractive

The Chinese stock market has surprised friend and foe over the last few weeks nonetheless. The market was able to find support again around the important support level over the summer and since then we have seen it picking up steam.

You will probably know that the Chinese market has not been able to convince investors these last few years and that, since that start of the bull market on the American and European markets in 2009, the value of the Chinese stock market has gone down.

It does feel like that trend has now completely changed. This also relates to why gold is so popular in China.