China’s Economy, Retail Rundown and the Shrimp Indicator 6/20/23

Power Lunch - A podcast by CNBC

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China’s central bank cuts rates to boost the struggling economy, following visits to the country by Bill Gates and Secretary Antony Blinken. Plus, how retailers are dealing with shrink and frequent returns from online orders. And a hotel CEO gives his view of the economy, based on customers’ seafood choices.