French cosmetics sector seeks reprieve on Chinese import rules

FILE - The logo of French cosmetics group L'Oreal is seen on a company building in Paris, France, Feb. 7, 2024. L'Oreal is among cosmetics companies in France hoping to minimize the impact of harsh new Chinese import rules.

France's world-leading cosmetics sector is counting on talks between Xi Jinping and Emmanuel Macron next week to help minimize the impact on French companies of tough new Chinese import rules requiring the sharing of formulas and manufacturing know-how.