Inflows to China hit a new record. Brazil’s Butantan Institute gives the all-clear for distribution of the Coronavac vaccine. South Africa’s ANC dismisses talk of a country wide economic lockdown. Indonesia’s 2020 fiscal deficit was marginally smaller than expected. Ghana’s President Akufo Addo was sworn in, but faces challenges in parliament. EM reported strong inflows in the first week of 2021. In the global backdrop, the political unrest in the United States reflects social division and discontent, which will not disappear with the change of president.