Welcome to the February issue of our literature review on the new systemic conflict with China. On January 22, 2021 the European Commission published the text of the EU-China Comprehensive Agreement on Investment (CAI) following the agreement “in principle announced” on December 30, 2020. The CAI has unleashed a firestorm of criticism in Europe and among the EU's key partners, directed both at the deal itself and at the timing and political context of the agreement. It is therefore a focus of this review, especially as it has significantly complicated transatlantic cooperation on China and the formulation of the Biden administration’s policy toward Beijing. Another focus is China's expanding authoritarianism, as evidenced by intensified efforts to influence media content around the world or its campaign of transnational repression directed at Chinese living abroad. This review also covers contributions on economic and technological competition, key arenas of competition with China. As usual, I have tried to map the ongoing debate and point out contributions I consider essential readings. Please feel invited to comment on my selection. I look forward to your feedback. Wishing you a stimulating read, I do hope this issue of our literature review will provide useful insights for your work.