China's economy still going strong despite headwinds

True, China's economic growth has seen a 26-year low in the latest quarter, as many warned.

Yet to interpret that as the country having slipped into an unavoidable recession simply does not hold water.

There is no denying the world's second-largest economy faces mounting pressures. The increase of 6.2 percent in the Chinese economy in the first three quarters was a hard-won result. But it is also an achievement that highlights its dynamism and the fact that its performance is fundamentally in its own hands.