![In the News: Microsoft-UAE Deal; Nippon Steel Retreats From Chinese JV; and China Imposes Curbs on Capital Markets](http://images.chinalawandpractice.com/contrib/content/uploads/sites/294/2024/07/Microsoft-Sign-Article-202407241410.jpg)
In the News: Microsoft-UAE Deal; Nippon Steel Retreats From Chinese JV; and China Imposes Curbs on Capital Markets
U.S. lawmakers are worried about Microsoft’s deal with a UAE-based AI company that has China ties; Nippon Steel ends joint venture with Baoshan; and China tightens regulation on hedge funds and programmed trading.