this post was submitted on 25 Dec 2023
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China Is Softening Stance on Gaming After $80 Billion Rout (finance.yahoo.com)
submitted 11 months ago by nanoUFO@sh.itjust.works to c/games@sh.itjust.works
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[–] altima_neo@lemmy.zip 2 points 11 months ago (1 children)

What the heck is a rout?

[–] bionicjoey@lemmy.ca 18 points 11 months ago (1 children)

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.works 4 points 11 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.