Freeport (NYSE:FCX), Teck (NYSE:TCK), Southern Copper (NYSE:SCCO) and China Effect

Companies like Southern Copper (NYSE:SCCO), Freeport-McMoRan Copper & Gold (NYSE:FCX) and Teck Resources (TCK) would probably be punished the most if the economy of China slows down as expected over past growth levels.

This is all based on their exposure to copper and how China will respond to their too-hot urban property markets.

All three companies tend to move in unison with the China stock market, and how China goes they tend to go.

How deeply this will impact these companies remains to be seen, as we'll need to get a better look at how China responds to the property market, and whether they'll tighten more.

If they do, then copper imports will fall further, which are already down 6 percent on the year, and decreased by 9 percent in May from April's numbers.