A growing string of disappointed businessmen have tried to bring horse racing back to China despite anti-gambling laws. Their unitary conviction? Rich Chinese obsess so much over flaunting wealth that one day soon, buying a horse will be the new fad.
from Forbes Real Time https://www.forbes.com/sites/augustrick/2017/10/16/why-horse-racing-is-a-gamble-for-entrepreneurs-in-china/
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