A lot has been going on in China recently – the second biggest economy in the world has been slowing down for months. The stock market crashed in July (and we profited on it) and then once again in August, and the yuan was devalued. Concerns about the economic turmoil in China and the possible spillovers triggered a panic sell-off in the stock markets all over the world on Black Monday, August 24. Selling U.S. Treasuries by China, described by some analysts as quantitative tightening, additionally increased the market uncertainty. All of these events were covered in Gold News Monitors, but, because of their potential importance for the global economy and gold market, in this edition of Market Overview we analyze them thoroughly. What are the real reasons behind the economic slowdown in China and what would be its consequences for the financial markets? Would it be positive for the price of gold as it would spur safe-haven demand, or rather negative, since it would strengthen the U.S. dollar? Is the worst financial turmoil behind us or just ahead? If before us, will the possible corrections on the Chinese stock market affect the real economy and infect other economies? Did China devalue the yuan to boost its export or was it only a by-product of liberalization of the currency regime? We will answer these questions in this October Market Overview, and give precious metal investors a more comprehensive view regarding the recent developments in China and the consequences for the financial markets and the price of gold.