China’s Factory Deflation Deepens as Pandemic Hits Demand

Employees work on a production line inside a Dongfeng Honda factory after lockdown measures in Wuhan, the capital of Hubei province and China's epicentre of the CCP virus outbreak, were further eased, on April 8, 2020. Aly Song/REUTERS

BEIJING—China’s factory prices fell in April, highlighting weakening industrial demand in the world’s second-largest economy as the CCP (Chinese Communist Party) virus pandemic takes a global economic toll.

Data released last week showed a sharper-than-expected decline in imports and signals of weak domestic demand.