Fitch Ratings has given greater urgency to the risks associated with a further slowdown in China's economic growth in the Asia-Pacific (APAC) edition of its Risk Radar for 3Q14. The new report also highlights risks resulting from a correction in the region's real estate markets and geopolitical tension that could negatively affect ratings.

The APAC risks come as the US economy continues to recover. Fitch's growth forecast for the US, the major export destination for many APAC economies, at 3.1% in 2015 is the highest amongst the major advanced economies. Stronger growth in the US and successful structural reforms in APAC would be positive to ratings.