China reported 0.1 percent year-on-year increase in its exports in November on a dollar-denominated basis. With this figure, the country reversed the decline it faced in October when exports fell 7.3 percent. China also reported 6.7 percent year-over-year increase in its imports during the month, recording its fastest ascent since September 2014.

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According to the official data released, China had $44.61 billion trade surplus in November, from $49.06 billion in October. The country's trade surplus with the United States stands at $23.1 billion. In yuan terms, the country's imports increased 13 percent, while exports increased 5.9 percent from a year ago.

China also witnessed increase in shipment of major commodities including copper, coal, iron ore, and crude oil. However, for the first 11 months of the year, the country's overall exports are 7.5 percent lower than the volume it had reported a year back. Reuters also reported that China's import fell 6.2 percent during the same time period.

China's exports suffered mainly on account of sluggish international demand. The Chinese government countered the impact by raising its bank lending and public spending. Recently announced Purchasing Managers' Index (PMI) also showed expansion in factory activity in the country. The rate of increase is believed to be the highest in more than two years.

Julian Evans-Pritchard of Capital Economics in a report said, "Better-than-expected trade data out of China today reflects both an uptick in global demand as well as the continued strength of the domestic economy." China's economy showed 6.7 percent growth on year-over-year basis in the quarter ending in September.