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Squawk Box anchors discuss Chinese market uncertainty ahead of the expected next round of US-China trade talks, while Beijing correspondent Eunice Yoon brings the latest on reports suggesting the Chinese officials have begun backpedalling on commitments. FedEx shares slump as the shipping company cuts its profit forecast for the second time in three months. Meanwhile in the UK, Prime Minister Theresa May is to formally ask the EU for a short extension to Brexit to help secure a deal.