https://thediplomat.com/2021/01/what-does-the-eu-china-investment-deal-mean-for-us-eu-relations/ The Biden transition team has indicated that the new US administration will end unilateralism and seek a united front with the EU, Japan, and other allies in its trade fight with China. These opportunities got lost with the agreement on December 30, 2020.
I would say this was worthy of mention https://www.thetimes.co.uk/article/the-eus-china-deal-is-bad-for-democracy-nb23kkrld But this would imply either the EU or China were democracies or held democratic beliefs, so this point about it being bad for democracy is moot.