The field of Distributional Semantics has recently undergone important changes, with the contextual representations produced by Transformers taking the place of static word embeddings models. Noticeably, previous studies comparing the two types of vectors have only focused on the English language and a limited number of models. In our study, we present a comparative evaluation of static and contextualized distributional models for Mandarin Chinese, focusing on a range of intrinsic tasks. Our results reveal that static models remain stronger for some of the classical tasks that consider word meaning independent of context, while contextualized models excel in identifying semantic relations between word pairs and in the categorization of words into abstract semantic classes.