"A decade after Xi Jinping’s first visit to Myanmar in 2009, Naypyidaw is planning a banquet for another Xi visit, expected to be on January 17, 2020. As part of the preparation, shuttle diplomacy is already underway, with China’s State Councilor and Foreign Minister Wang Yi meeting with Myanmar State Counsellor Aung San Suu Kyi on December 9, 2019. The agenda is loud and clear: to speed up the construction of the projects within the China-Myanmar Economic Corridor (CMEC) and realization of the Belt and Road Initiative (BRI). In particular, speeding up the Kyaukphyu Special Economic Zone (SEZ), Beijing’s strategic window to the India Ocean, is on the short list. Originating as one of 16 MoUs signed during then-Vice President Xi’s 2009 visit, the Kyaukphyu SEZ is the capstone of all China’s investments in Myanmar and was Beijing’s strategic offset in the Indian Ocean prior to the launch of the BRI. However, Chinese projects in Myanmar stalled after the suspension of controversial Myitsone Dam, which created uneasy relations with Beijing for the first time in 20 years and caused BRI capital injections to fall short of the hype. Kyaukphyu was not an exception. The project was significantly trimmed down with the fear of a debt trap..."