(Bloomberg) -- China approved 105 domestic games on Monday, the latest indication that Beijing is softening its stance after its move to tighten industry restrictions led to a $80 billion rout last week. Most Read from BloombergChina Is Softening Stance on Gaming After $80 Billion RoutManchester United Saga Ends With $1.3 Billion Ratcliffe DealBank of Russia Governor Says She Is Bracing for More SanctionsQuantum Computing Is Finally Here. But What Is It?Ethiopia Fails to Pay Coupon, Becoming Lat
    • bionicjoey@lemmy.caEnglish
      0·
      6 months ago

      It’s a military strategy term. If you and I both have armies, and my army attacks your army, and your army retreats, then you would have been “routed”, and I would have caused a “rout”

      In the finance context of the headline here, it just means a financial market dip.

      • sugar_in_your_tea@sh.itjust.worksEnglish
        0·
        6 months ago

        Or in other words, a financial “retreat” from the expected upward trajectory. Just to make the allusion to military terminology even more explicit.

  • Wahots@pawb.socialEnglish
    0·
    6 months ago

    Wow, that was amazingly quick. Xi giving up ground to a couple of freemium publishers skimming whales and children, lmao. If you are gonna commit, then commit. Make an example out of some of them or some other authoritarian nonsense.