China’s strict “no-Covid” policy is prompting lockdowns across the country, and residents are sharing reports of food shortages and hoarding as they weather the latest wave of the pandemic. CNBC’s Eunice Yoon reports from China on the quarantines and the inflation sweeping the nation. Former FDA Commissioner Dr. Scott Gottlieb details the low vaccination rates in China that might be contributing to such a dire situation over 2 years into the pandemic. White House economist Heather Boushey, a member of President Biden’s Council of Economic Advisors, discusses inflation in the U.S., high energy costs around the world, and what the government might do to mitigate American pocketbook pains. Plus, WarnerMedia and Discovery have made their merger official; investors and streamers are tuned in for the resulting changes to the entertainment and media landscapes.  In this episode:Heather Boushey, @hboushey46Dr. Scott Gottlieb, @ScottGottliebMDEunice Yoon, @onlyyoontvJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer, @Kramer_Katie