L’Oréal Loses Billions After Acting On Criticims From Chinese Nationalist Tabloid

Larry Ong  |  Epoch Times China was French cosmetics company L’Oréal’s second largest market in 2015. “In a country undergoing far-reaching and rapid change, L’Oréal is adapting and taking full advantage of the market’s transformations,” the company wrote in a financial report. So when Global Times, the Chinese Communist Party’s provocative, nationalist tabloid, accused a popular […]