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☆ Netflix earnings report: The 5 biggest takeaways
▼ + stars: | 2023-07-19 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —Hollywood is in a state of absolute agony, but Netflix had some reason to celebrate on Wednesday, with the streaming giant releasing a smash earnings report after implementing its long-anticipated plans to clamp down on password sharing. Here are some of the key highlights:►Adds 5.9 million subs: Heading into the earnings report, investors were curious how much the company’s crackdown on password sharing would boost subscriber growth. Netflix added 5.9 million subscribers in the quarter — just one year after it had lost nearly a million subscribers. Expect Netflix, which now boasts 238 million global subscribers, to keep benefiting from this password sharing clampdown. “And we very much hoped to reach an agreement by now.”► Goodbye, $9.99 ad-free plan: Ahead of the earnings, Netflix axed its cheapest ad-free option in the US and the UK.

Persons: ’, Ted Sarandos, ” Sarandos Organizations: CNN, Hollywood, Netflix

HONG KONG, July 19 (Reuters) - China's appointment of a top intelligence official to run Hong Kong's national security regime underscores its determination to tighten its grip on the financial hub, according to diplomats and analysts. Dong will bolster security oversight of Hong Kong, rocked for months in 2019 by pro-democracy protests that posed a crisis for Beijing's Communist Party leadership. Under the security law, China's national security office has sweeping investigative and surveillance powers, and enjoys immunity from city laws. Dong's appointment comes as Hong Kong prepares to bolster its national security regimen with a new law, called Article 23, that Hong Kong officials say will encompass espionage and treason among other offences not covered in the 2020 legislation. Additional reporting by Hong Kong newsroom and Yew Lun Tian in Beijing; editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

Persons: Dong Jingwei, Dong, Xi Jinping's, Tian, Robert Birsel Organizations: Hong, Beijing's Communist Party, Ministry of State Security, U.S, Hong Kong, Thomson Locations: HONG KONG, British, Beijing, Hong Kong, China, United States, Britain, Australia

☆ Ant Group valuation: Jack Ma's speech cost Chinese company about $230 billion
▼ + stars: | 2023-07-10 | by ( Laura He | ) edition.cnn.com time to read: +4 min

The company was co-founded by Jack Ma, as was e-commerce giant Alibaba Group (BABA). On Friday, Chinese financial regulators fined Ant and its subsidiaries a total of 7.1 billion yuan ($984 million) for breaking rules related to consumer protection and corporate governance. The fines mean the regulatory “overhang” over the Chinese internet sector has finally been removed, Jefferies analysts said Saturday. Chinese tech shares rallied Monday, with Alibaba rising 3.2% and Tencent gaining 0.7%. Friday’s fines mark the conclusion of the regulatory crackdown on Ant and could pave the way for the company to revive its long-anticipated IPO, according to analysts.

Persons: Jack Ma, Didi, Meituan, Ant, ”, Alibaba, Ma, ” Ma Organizations: Hong Kong CNN — Ant, Alibaba, CNN, Jefferies, Saudi Aramco, Bund Financial Locations: Hong Kong, China, Shanghai, Saudi, Beijing

HONG KONG, July 10 (Reuters) - Alibaba Group (9988.HK) and Tencent (0700.HK) shares rose in Hong Kong on Monday after China's $984 million fine against the Jack Ma-founded Ant Group appeared to signal the end of a regulatory crackdown on the country's technology sector. Alibaba's Hong Kong-listed shares were up nearly 4% by 0230 GMT on Monday, outpacing a 1.3% gain for the broader market (.HSI), while Tencent's shares were up 1%. ANT GROUP VALUATION SLASHEDAlibaba, which spun off Ant 11 years ago and has a 33% stake, said on Sunday it was considering whether to participate in the buyback. Alibaba's U.S.-listed shares rose 8% on Friday after the penalty, one of the largest-ever fines for an internet company in China, was delivered. ($1 = 7.2310 Chinese yuan renminbi)Reporting by Scott Murdoch in Sydney and Donny Kwok in Hong Kong; Editing by Anne Marie Roantree, Muralikumar Anantharaman and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Jack Ma, Ant, Dickie Wong, Oshadhi Kumarasiri, Scott Murdoch, Donny Kwok, Anne Marie Roantree, Muralikumar Anantharaman, Jamie Freed Organizations: Alibaba, HK, Ant, People's Bank of China, Kingston Securities, Thomson Locations: HONG KONG, Hong Kong, Beijing, Alibaba's U.S, China, Sydney

☆ Zimbabwean court upholds opposition campaign launch ban
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +1 min

BINDURA, Zimbabwe, July 9 (Reuters) - A Zimbabwean court on Sunday upheld a ban on the planned campaign launch by main opposition party Citizens Coalition for Change (CCC), the third of its rallies to be banned as its leader Nelson Chamisa face hurdles on his campaign trail. CCC was scheduled to hold its campaign launch on Sunday in Bindura, about 100 km (62 miles) north of the capital Harare, but police banned the gathering citing problems with the venue. Bindura Magistrate Mary Musika then upheld the ban, saying CCC had failed to notify the police on time. A handful of opposition supporters chanted party slogans as they protested outside the court, adding they were not free to support their party. "It is disheartening because ZANU PF is allowed to campaign freely but they are using the law to block our rallies.

Persons: Nelson Chamisa, Mary Musika, Agency Gumbo, Patience Chigwande, Emmerson Mnangagwa, Nyasha Chingono, Olivia Kumwenda, David Holmes Organizations: Coalition, CCC, Agency, ZANU, ZANU PF, Reuters, Political, Thomson Locations: BINDURA, Zimbabwe, Bindura, Harare

☆ Chief of Russia’s Yandex faces court case for ‘LGBT propaganda'
▼ + stars: | 2023-07-05 | by ( Lucy Papachristou | ) www.reuters.com time to read: +3 min

[1/2] The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina/File PhotoJuly 5 (Reuters) - The chief executive of Nasdaq-listed internet company Yandex faces prosecution in a Russian court for alleged offences under the country’s so-called “LGBT propaganda” law, a notice on the court's website said on Wednesday. When contacted by Reuters, Yandex said it would appeal any court finding against its CEO. The court website gave no specific details of what alleged offences Savinovsky was being prosecuted for beyond that they relate to "LGBT propaganda". Last month a court fined the company 2 million roubles ($24,242) for repeatedly refusing to provide Russia’s security services with information about its users.

Persons: Evgenia, Artem Savinovsky, Yandex, Savinovsky, Vladimir Putin, Putin, Yandex's, Bridget Jones ’, ” Kinopoisk, Russia’s, Elena Bunina, Lucy Papachristou, David Holmes Organizations: REUTERS, Nasdaq, Yandex, Reuters, State Duma, Novaya Gazeta, Kommersant, Thomson Locations: Moscow, Russia, British, Ukraine

☆ Bank of England considers clampdown on foreign bank branches- FT
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +1 min

July 4 (Reuters) - The Bank of England is looking at plans to force more international banks to set up subsidiaries in the UK, The Financial Times reported on Tuesday. The BOE is considering the plan as a part of a review of the collapse earlier this year of U.S. bank Silicon Valley Bank, the newspaper reported, citing people familiar. The move could reduce the thresholds requiring foreign banks with corporate business in the country to set up subsidiaries, the paper said. Nathanael Benjamin, the BOE's executive director for authorizations and international banks on Monday said the central bank will reflect on the threshold for a foreign bank branch to become a subsidiary. Following the collapse of its parent company in the United States, Silicon Valley Bank's UK arm was sold to HSBC (HSBA.L) in March to avoid disrupting its customers in Britain.

Persons: BOE, SVB, Nathanael Benjamin, Chandni Shah, Josie Kao, Andrea Ricci Organizations: Bank of England, The Financial Times, Valley Bank, HSBC, The Bank of England, Thomson Locations: U.S, London, United States, Silicon Valley, Britain, Bengaluru

☆ Explainer: Israel's attack on Jenin: Why now and what for?
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +6 min

Here is what you need to know about Jenin:WHY IS ISRAEL ATTACKING JENIN? Since March 2022, Jenin and outlying areas in the north of the Israeli-occupied West Bank have drawn intensified raids ordered by Israel's nationalist-religious government after a spate of Palestinian street attacks. The Jenin camp has long been a hotbed of militants with an array of light weapons and a growing arsenal of explosive devices. This harsh heritage generates die-hard hostility to Israel and support for Palestinian militant groups. Israel annexed East Jerusalem in a move not recognised internationally, and launched settlements in the West Bank and Gaza.

Persons: Israel, Mahmoud Abbas, Fatah, Abbas, Dan Williams, Mark Heinrich Our Organizations: West Bank, Bank, Israel's, Seven, Palestinian, Reuters, Israel, Hamas, Islamic, Militant, Palestinian Authority, Thomson Locations: Israel, Jenin, Palestinian, JENIN, Last, U.S, Gaza, Iran, East Jerusalem, Jordan, Egypt, Jerusalem

☆ US threat gives ASML new headache on China exports
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +2 min

BRUSSELS, June 30 (Reuters Breakingviews) - ASML (ASML.AS) now has to look to Washington, not its home government in The Hague, to determine which of its top-class chip-making machines it can still sell to Chinese companies. The Dutch government on Friday moved to restrict sales by the $294 billion semiconductor giant of EUV and certain types of its DUV lithography machines. That gives Biden reach over not only Dutch firms but also suppliers like Germany’s Trumpf and Zeiss, which make lasers and lenses respectively. ASML said Friday's Dutch announcement won’t have a material impact on its bottom line. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Joe Biden, Biden, ASML, Rebecca Christie, ’, crouch, George Hay, Pranav Kiran Organizations: Reuters, China’s, HK, Zeiss, Union, Twitter, Thomson Locations: BRUSSELS, Washington, The Hague, U.S, Netherlands, Japan, Brussels

But officially colour-blind France has long refused to acknowledge any racial factor was at play. "From that point on, unions were involved in everything that's co-managed, including the managing of human resources," he told Reuters. But these fines are rare and rights groups say police officers often end up with light sentences, fuelling a sense of impunity. A rise in lethal police shootings over the last few years has been linked to a law reform in 2017, which broadens the circumstances in which an officer can use their firearm. "It is completely vague, and it allows to shoot much more freely," said Caille of the left-wing CGT police union.

Persons: Cedric Mas, Olivier Cahn, that's, " Cahn, Christophe Castaner, Gerald Darmanin, Franck Louvrier, Nicolas Sarkozy, Darmanin, Ravina Shamdasani, Anthony Caille, –, Sebastian Roche, Michel Rose, Angus MacSwan Organizations: Rights, Twitter, Cergy University, Reuters, Socialists, United Nations, Police, CGT Police, of, Society, CGT, Thomson Locations: PARIS, Britain, France, United States, Paris, Moroccan, – France, U.S, Nice

[1/5] A police officer cuts marijuana plants in growing process at underground room of a house during a marijuana raid operation in Mataro, near Barcelona, Spain April 27, 2023. Consumption of marijuana and its high-potency derivatives is also booming in Barcelona itself, including in private clubs. Their model, however, faces uncertainty as the new Barcelona mayor's top security official said in March he wanted to ban cannabis clubs. In 2017, Catalonia fully legalised the clubs, fuelling their proliferation, but courts later overturned the move for procedural reasons. But many clubs, which are often barely recognisable from outside, do not stick to the rules because they are voluntary, complained Eric Asensio, head of the Catalan federation of cannabis clubs.

Persons: Pol, Antoni Salleras, Salleras, Alexis Goosdeel, Bernardo Soriano, Eric Asensio, Horaci Garcia, Joan Faus, Catarina Demony, Aislinn Laing, Andrei Khalip, Toby Chopra Organizations: REUTERS, Barcelona, BARCELONA, Reuters, Cannabis, Thomson Locations: Mataro, Barcelona, Spain, Spanish, Catalonia, Americas, Europe, Morocco, Latin America, Worth, Geneva, Amsterdam, EU, France, Catalan, Lisbon

☆ Pakistan’s Military Tightens Grip With Broad Clampdown on Opposition, Media
▼ + stars: | 2023-06-15 | by ( Saeed Shah | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/pakistans-military-tightens-grip-with-broad-clampdown-on-opposition-media-83cab9e6

Persons: Dow Jones

☆ 10 Things in Tech: Amazon's AI scramble
▼ + stars: | 2023-06-12 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

The OpenAI CEO says he is losing sleep over the fear that "we already have done something really bad by launching ChatGPT." When ChatGPT launched, Amazon managers asked staff for ideas on how to leverage the chatbot at work. "Amazon must be really scared about being late on all of this," an Amazon employee told Insider. Odds and ends:Craig Federighi, Apple’s senior vice president of software engineering, showed off his guitar skills at Apple's WWDC conference this year. During the company's Worldwide Developers Conference, Craig Federighi, Apple's senior vice president of software engineering, stole the show with a guitar solo.

Persons: Hallam Bullock, Victor Frankenstein, Sam Altman, ChatGPT, Eugene Kim, Insider's Ben Bergman, We've, we've, Thrasio, doesn't, Read, Craig Federighi, Apple’s, Apple's, Dad, Jack Sommers Organizations: Amazon, ChatGPT, Getty, Elon, SpaceX, SpaceX's Starlink, Tech, LA Tech, The Washington Post, Netflix, Apple, Conference Locations: London

☆ Sorry, but Netflix's password-sharing crackdown seems to be going really well so far
▼ + stars: | 2023-06-09 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +3 min

Netflix's password-sharing crackdown has had a solid start in the US, according to new data. You might not like it, but Netflix's password-sharing crackdown is off to a great start in the US, according to new data. The change was meant to stop the proverbial ex-boyfriend's cousin's friend from continuing to watch someone's Netflix account. Antenna said average sign-ups to Netflix reached 73,000 during that period, a 102% increase from the prior 60-day average. Cancellations also increased, though not as much as sign-ups, Antenna said, adding that the ratio of sign-ups to cancellations was up 25.6% versus the prior 60-day period.

Persons: boyfriend's, Jefferies, Doug Anmuth, Insider's Matthew Fox Organizations: Netflix, JPMorgan, Morning

☆ Podcast: What’s next for Trump and crypto’s uncertain future
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +1 min

More legal woes for Donald Trump after he's indicted on federal criminal charges for retaining classified documents. A regulatory clampdown is reshaping the future of crypto and how space messes with astronauts’ brains. Plus the latest on Kherson, Canada and a bull market. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.

Persons: Donald Trump, he's, Binance Organizations: Apple, Google, Reuters, Thomson, Reading Trump, SEC Locations: Kherson, Canada

☆ Senegal: Death toll from deadly protests rises to 16 amid internet cuts
▼ + stars: | 2023-06-05 | by ( Nimi Princewill | ) edition.cnn.com time to read: +3 min

Many protesters also sustained injuries amid clashes for a third day with security forces, following Sonko’s sentencing. Security forces look at supporters of Senegal opposition leader Ousmane Sonko during clashes after Sonko was sentenced to prison, in Dakar, Senegal, June 3, 2023. ArrestsMore than 500 people have been arrested, Senegalese Director of Public Security, Ibrahima Diop, in said a televised address late Sunday. People walk past a bus shelter shattered during clashes between supporters of Senegal opposition leader Ousmane Sonko and security forces, after Sonko was sentenced to prison in Dakar, Senegal June 3, 2023. Supporters of Senegal opposition leader Ousmane Sonko clash with security forces after Sonko was sentenced to prison in Dakar, Senegal June 2, 2023.

Persons: Ousmane Sonko, Sonko, Zohra Bensemra, Reuters Sonko, Macky, Ibrahima Diop, “, ” Diop, Antoine Felix Abdoulaye Diome, Netblocks, Edward McAllister Organizations: CNN, Reuters, Public Security, Patriots, Senegalese, Amnesty Locations: Senegal, Dakar, Senegalese

☆ '#CancelNetflix': Twitter users boast about ditching Netflix subscriptions amid password-sharing backlash
▼ + stars: | 2023-06-02 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Twitter users have been posting screenshots of their canceled subscriptions with the hashtag. The hashtag "CancelNetflix" is picking up steam on Twitter amid Netflix's password-sharing clampdown in the US. Another user accused the company of being "anti-family" in a tweet that accompanied a screenshot of a canceled Netflix account. Shannon Freshour, a politician in Ohio, wrote in a tweet directed at the streaming giant: "You're by far the most expensive streaming service w/o the value matching it. A survey from US firm Jefferies found that 62% of password borrowers said they would stop using the streaming service rather than purchase an account.

Persons: It's, I've, Erin Biba, Biba, they're, Imani Barbarin, Shannon Freshour, Jefferies, Greg Peters Organizations: Twitter, netflix, Netflix, Apple Locations: Ohio

KARACHI, Pakistan, June 2 (Reuters) - Pakistan has passed a special order to allow barter trade with Afghanistan, Iran and Russia for certain goods, including petroleum and natural gas, the Ministry of Commerce said on Friday. The government order, called the Business-to-business (B2B) Barter Trade Mechanism 2023 and dated June 1, lists goods that can be bartered. Sajid Amin, deputy director of the Sustainable Development Policy Institute, said Pakistan could gain particularly from oil and energy imports from Russia and Iran without adding to dollar demand. "While it may not solve currency smuggling, particularly at the Afghanistan border, it can discourage smuggling of goods from Iran, such as diesel, and Afghanistan which is hurting the economy," Amin added. In May, the Pakistan Petroleum Dealers Association complained that up to 35% of the diesel sold in Pakistan had been smuggled from Iran.

Persons: Sajid Amin, Amin, Pakistan's, Musadik Malik, Malik, Ariba Shahid, Asif Shahzad, Simon Cameron, Moore, David Holmes Organizations: Ministry of Commerce, State, Sustainable Development Policy Institute, Reuters, Pakistan Petroleum Dealers Association, Thomson Locations: KARACHI, Pakistan, Afghanistan, Iran, Russia

☆ Nicaragua dissident Felix Maradiaga and Berta Valle on fighting for justice and family life
▼ + stars: | 2023-05-31 | by ( Melissa Mahtani | ) edition.cnn.com time to read: +15 min

Many were accused of treason or involvement in “illicit activities” for having contact with foreign journalists or human rights’ organizations that the Ortega regime views as a threat. He gave me, for example, the name of our international human rights lawyer, Jared Genser, who became my angel through all of this. Both spoke at the Geneva Summit for Human Rights and Democracy in May, where Maradiaga was awarded the 2023 Courage Award. Those Nicaraguans who only are asking for the protection of basic human rights and human dignity. “After all this work that we do as human rights defenders, there’s a private life that also has to be taken care of.

Persons: CNN — It’s, Felix Maradiaga, –, Maradiaga, Berta Valle, Berta, I’m, Washington ’, ”, “, Félix, Daniel Ortega –, Ortega, ” Maradiaga, ‘, ’ Maradiaga, Daniel Ortega, Ned Price, ” Price, Valle, Jared Genser, It’s, he’s, “ It’s, Alejandra, ” Valle, Nicaragua –, I’ve, that’s, Pope Francis, Adolf Hitler, Vladimir Kara, Murza, pic.twitter.com, —, there’s Organizations: CNN, State Department, Nicaraguan, Geneva, Human Rights, Democracy, US State Department, Dulles International Airport, UN, Oslo Freedom, Catholic Church, Central American, National Assembly of Locations: United States, Valle, Nicaragua, Washington, Miami, American, Nicaraguan, Oslo, National Assembly of Nicaragua, China, Hong Kong, Venezuela, Cuba, Afghanistan, Ukraine, “

☆ Belarus official: West left us no choice but to deploy nuclear arms
▼ + stars: | 2023-05-28 | by ( ) www.reuters.com time to read: +2 min

May 28 (Reuters) - Western countries left Belarus no choice but to deploy Russian tactical nuclear weapons and had better take heed not to "cross red lines" on key strategic issues, a senior Belarusian official was quoted as saying on Sunday. Russia moved ahead last week with a decision to deploy tactical nuclear weapons on Belarusian territory aimed at achieving specific gains on the battlefield. "The deployment of tactical nuclear weapons on the territory of Belarus is therefore one of the steps of strategic deterrence. He said any resort to using "even tactical nuclear weapons will lead to irreversible consequences." The United States has denounced the prospective deployment of nuclear weapons in Belarus but says its stance on the use of such weapons has not been altered.

[1/2] Alan Leong Kah-kit, Chairperson of the Civic Party, speaks to the media announcing the party's disbandment in Hong Kong, China May 27, 2023. Today, the Civic Party is bidding Hong Kong farewell. We hope Hong Kong people will live in the moment with a hopeful and not too heavy heart. The Civic Party, founded in 2006, had been a major democratic force in the financial hub that returned from British to Chinese rule in 1997, alongside the Democratic Party, performing strongly in local legislative and district polls. Hong Kong and Chinese authorities described the electoral revamp as a progressive democratic step to ensure only pro-China "patriots" govern Hong Kong.

☆ Belarusian blogger arrested on Ryanair flight pardoned - state media
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, May 22 (Reuters) - Roman Protasevich, the Belarusian opposition blogger arrested in 2021 after his Ryanair overflight was forced to land in Minsk, was pardoned on Monday, the Belarusian state news agency BelTA reported. "I have literally just signed all the relevant documents stating that I have been pardoned," BelTA quoted Protasevich as telling reporters. Protasevich had been sentenced to eight years in prison this month for offences including inciting terrorism, organising mass disturbances and slandering Belarusian President Alexander Lukashenko. A clampdown around the time of the election resulted in all significant opposition figures being jailed or driven into exile. After his arrest, Protasevich was shown on state television tearfully confessing to involvement in anti-government protests and plotting to topple Lukashenko.

[1/3] A person walks past a show venue of stand-up comedy company Xiaoguo Culture Media Co that has closed its business, in Beijing, China May 19, 2023. "Stand-up comedy has been the last bastion in which people ... can still enjoy entertaining commentary about public life," said Beijing-based independent political analyst Wu Qiang. "After this, the space for stand-up comedy and public expression in general will inevitably keep shrinking." China's comedy scene rose quickly during the COVID-19 pandemic as people spent more time indoors watching viral streamed comedy shows. The most popular were produced by Xiaoguo Culture Media Co, the firm at the centre of the current uproar.

Vladyslav Vlasiuk, who advises President Volodymyr Zelenskiy's chief of staff, also urged allies not to fear that a tougher sanctions clampdown could drive some countries closer to Russia, describing such a worry as overblown. He was speaking in an interview from Kyiv as world leaders meet to discuss new sanctions measures and how to prevent Russia and companies in third countries from circumventing sanctions imposed after Moscow's invasion of Ukraine last year. “We are grateful for all the support we have received from our allies and we have seen some positive signals on the latest sanctions packages under consideration," Vlasiuk said. Tinkoff and Rosselkhozbank have already been excluded from the SWIFT global payments system, but other banks have been subjected to full blocking sanctions. “Russian banks who provide financial services to Russian soldiers fighting an unlawful war of aggression on Ukrainian soil should face the toughest possible sanctions from our allies," Vlasiuk said.

These consultancies thrived by providing investors - from global hedge funds to private equity firms - access to industry experts and investigators who could obtain valuable corporate information. One private credit investor who used to join Capvision's calls with "industry experts" said clients did not want to pay top dollar for easily available public information. Many China-based consultancy firms also outsourced on the ground investigations to local contractors. Even before the latest raids on consultancy firms, some due-diligence firms were warned to stay away from Xinjiang related projects, sometimes by security authorities, according to industry sources. China denies abuses in Xinjiang, a major cotton producer that also supplies much of the world's materials for solar panels.

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