China's exports unexpectedly rose in December for first time since June last year, however gains remain mute compared to sharp rise in January last year.

According to National Bureau of Statistics China, December exports rose by 2.3% in December in Yuan terms, beating the forecast, which was expecting drop of -4.1%. Imports, however still in negative, a drop of -4%, against expectations of -7.9% drop. Moreover, drop in imports is the smallest in whole 2015. Trade surplus was Yuan 382.1 billion or $58 billion.

However in 2015, China's exports dropped -2.8% from a year ago in December. But overall trade balance got boost due to weakness in imports, which have declined by -14.1% in December from a year ago. Trade balance for 2015 came at $594.5 billion, much higher compared to $382.5 billion in 2014.

Weaker Yuan, especially since August, when PBoC force devalued it by record 1.9% in a single day might have played role in parts. Yuan has now dropped more than 6% against Dollar in last 12 months, so even if not in December, it is likely to boost trade going ahead.

People's Bank of China, however likely to promote a more stable Yuan as key objective is to increase acceptance of Yuan in global trade.