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Artificial intelligence and the cloud-based internet of things are two major application areas where China's homegrown chips can have a good chance to compete with global players, internet titan Alibaba Group's technology chief said on Saturday.

Apple got in hot water because of how it set up its agency deals with publishers, including “Most Favored Nation” clauses that required publishers to offer Apple the lowest price for any e-book on the market. Judge Cote argued those clauses, along with the fact that all the publishers signed similar contracts pointed to a conspiracy to fix prices.

Approved by the China Securities Regulatory Commission (CSRC) early this month, the new options trading on the Shanghai Futures Exchange, Zhengzhou Commodity Exchange and Dalian Commodity Exchange, respectively, doubled the amount of options listed on the country's three commodity exchanges.

As China builds up one of the world's largest networks of video surveillance cameras, Deng also called for more efforts to better standardize and regulate the industry.

As COVID-19 cases continued increasing, Trump floated an idea on Saturday of putting in place an "enforceable quarantine" on travel for some of the hardest-hit areas.