"Hacked by Chinese!" appeared in the text of the Code Red Worm which attacked a vulnerability in Microsoft IIS web servers in July, 2001. In some internet forums, the phrase has become a put-down synonymous with "you lose!" The meaning of the original term is obscure; perhaps a reference by the originators of the worm to a supposed Chinese-American internet war, though the origin of the worm, which infected some 250,000 computers within 9 hours according to NIPC, was never traced.
Slashdot comment: "Hacked by Chinese!" -August 7, 2001, on news of a new human vs. machine chess match.
by Tony Sidaway September 6, 2005
A phrase popularized after the wordCode Red/word worm appeared with this text in it. Basically nonsense. Code Red originated from China. Often used as an expression, much like wordpwned by n00bshop/word, except with less emphasis on the winner being neophyte-esque.
You lose. Hacked by Chinese!
by Trafton September 12, 2003