Good piece over at the FT’s beyondbrics blog on which emerging markets are exposed to China.   The table below looks at non-farm commodity exports (NFC) and share of exports to China as a percent of GDP.  The higher the score the more exposed.

The upshot,

In summary, the emerging markets most vulnerable to a slowdown in Chinese fixed asset investment are several Latin American economies, Russia and South Africa. In contrast, Hungary, the Philippines, Poland and Mexico seem fairly well positioned.

(click here if table is not observable)