(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
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-21Y

I guess china is beholden to capitalistic goals.

Altima NEO
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21Y

What the heck is a rout?

@[email protected]
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181Y

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.

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41Y

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

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261Y

China: We thought we had some kind of morals or something, but then money.

Bizzle
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51Y

Anyway, back to harvesting organs and disrespecting the sovereignty of other SE Asian nations…

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161Y

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.

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171Y

We were so close.

@[email protected]
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71Y

Money talks…

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