According to official data published on Tuesday, "China’s international trade growth slowed to 3.4 per cent in 2019, affected by the trade war with the US, with which exchanges decreased 10.7 per cent.
Earlier this week, US President Donald Trump said that China was not "stepping up to the level that I want” in the negotiation.
China has hiked its military spending by seven per cent to USD 152 billion as Beijing aims at countering America's push into the disputed South China Sea.
The benchmark Sensex fell up to 450 points. The Nifty50 of the National Stock Exchange (NSE) opened at 11,605.80 after closing at 11,712.25 on Friday.
Sensex opened 200 points higher as the trade tension between US-China eased after the G-20 meeting in Buenos Aires over the weekend. Finance and Banking trades pushed higher as also metal, IT and FMCG.
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China's Commerce and Foreign ministries didn't immediately respond to requests for comment on Thursday, CNN said.
