Recently, a new sea-road-rail link providing the key commercial hub of Chengdu, in western China, with access to the Indian Ocean via Myanmar was opened.
The New Trade Corridor: The new trade corridor connects the logistics lines of Singapore, Myanmar and China, and is currently the most convenient land and sea channel linking the Indian Ocean with southwest China.
Malacca Dilemma: This trade route is China’s solution to the "Malacca Dilemma”, which refers to China’s fear that a maritime blockade at the Straits of Malacca could paralyze China’s economy as most of China’s oil imports pass through it. It also plans to develop the corridor as a part of the BRI.