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	in As-it-happens update ⋅ 23 April 2018
	NEWS
	Who's investing in health care R&D? Brookings Institution (blog) Figure 1 below shows Chinese pharmaceutical R&D spending by local firms from 2000 to 2016 and shows that expenditures rose over 4,400 percent, from $163 million in 2000 to $7.2 billion in 2016. Figure 2 shows the R&D spending by Indian pharmaceutical companies over the past decade, during ... Flag as irrelevant
	Caterpillar shares rise after Citi upgrades, citing a construction rebound in China CNBC Citigroup upgraded shares of Caterpillar to buy from neutral on Monday, saying the industrial giant will benefit from improvements in the Chinese construction sector. "Recent outsized seasonal draws in China steel [inventories] point to improving construction sector activity," analyst Timothy Thein wrote ... Flag as irrelevant
	WEB
	SpaceX's plan to fly you across the globe in 30 minutes TED Talks What's up at SpaceX? Engineer Gwynne Shotwell was employee number seven at Elon Musk's pioneering aerospace company and is now its president. In conversation with TED curator Chris Anderson, she discusses SpaceX's race to put people into orbit and the organization's next big project, the BFR ... Flag as irrelevant

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