Microsoft Gives Up On Social Media in China

China is putting the clamps on social media of U.S. companies and the latest to give up is LinkedIn which now a unit of Microsoft (MSFT).

Now none of the major American social media companies are actively operating in China. The Chinese Communist Party (CCP) is taking control of tech companies and limiting the freedom of speech so this is not a surprise.

Make no mistake about it there is a war between the U.S. and China. If you own exposure to the U.S., then I would take this latest action as a shot across the bow that U.S. stocks that are doing business are only going to see a reduction in revenues as time progresses.

Time to sell, sell ,sell of Chinese assets.