Seeing red: China Horse Club spending spree the foundations for big dreams

It's very annoying we won't be able to come back in 100 years' time to see what's going on. I expect everyone will be buzzing around in drones. Some things will be the same. Fred Done will still be running Betfred and Aidan O'Brien, perhaps at a racecourse in China, will be saying: "Listen, this horse has so much speed."

The China Horse Club, along with a group of Chinese billionaires, will reign supreme in Asia and Australasia and probably Europe, too. Until recently Coolmore's John Magnier was on the CHC's Advisory Council. John Warren, the Queen's bloodstock adviser, is now the Council's chairman. So Warren is supporting royalty and communism at the same time.

They were recruited by Teo Ah Khing, the billionaire founder and driving force behind the CHC. It has made a significant international impact since its creation in 2013, but at home faces the Great Wall of China, built to keep gambling out.