One Belt One Road

China's access to the Indian Ocean

China cannot give up its newly- won access to the Indian Ocean and Myanmar's strategic importance to Beijing cannot, therefore, be overestimated.More than 60 per cent of the world’s oil shipments pass through the Indian Ocean from the Middle East’s oil field to China, Japan and other strong economies in the region, as does 70 per cent of all container traffic to and from the Asian industrial countries