3 Companies Likely Hurt by Chinese Data

The news from China last week shows that while the economy is growing, there are some growth factors that could have far-reaching impacts. With GDP growth currently above government targets, further infrastructure spending is unlikely. This will affect Alcoa (NYSE: AA  ) , which is already suffering from low aluminum prices, and Freeport-McMoRan (NYSE: FCX  ) , which recently learned that its Grasberg mine will be temporarily halted. Finally, as Chinese policy regarding rare earths could change as a result of these data, Molycorp (NYSE: MCP  ) may be affected as well.

In the following video, Fool.com contributor Doug Ehrman discusses the data and the impact it could have on each of these companies.

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