Many of the world's major auction houses have handed their support to the China Equine Cultural Festival, which stages its fifth renewal on Aug. 19 and 20 in Inner Mongolia. Goffs, Inglis, Keeneland, Magic Millions, New Zealand Bloodstock and Tattersalls have supported the meeting from its inauguration in 2013, with OBS and the Florida Thoroughbred Breeders' Association added to the list this year. Irish Thoroughbred Marketing also supports the festival.
“It is only with the support of industry leaders like this that interest in Thoroughbred racing and breeding in China will continue to grow,” said Teo Ah Khing, Chairman of the Inner Mongolia Yitai Desert Star Horse Industries and the China Horse Club. “These organizations certainly understand that they are members of the Thoroughbred community. They are actively welcoming China into the fold by supporting a festival with a track record. The results of their support in previous years is being seen now as more and more Chinese buy into Thoroughbreds and participate in the sport. And the results of their support given this year will play out in the coming years.”
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