This paper covers the issues including geopolitical effects of sea power on sea space in East Asia and its nature in a perspective of the past and the present. This paper analyzes the significance of Sea Power which is emphasized in Mahan's Theory of Insular Dominance and grasps the geopolitical nature of Sea Power. Along with this awareness, it deals with the problem of designated strategic phenomenon that is spreading to the Pacific Ocean with the concept of the Island Chain in China in the 21st century. Around the turn of 20th century, Japan materialized the policy of Greater East Asia Co-prosperity Sphere which was planned to expand power sphere in sea space in the East Asia based on sea power and China took shape of the concept of Island Chain in the 21st century, which has divided sea space in East Asia. Under the circumstance that China's policy of island chain faced the resistance from countries in the East Asia as well as the USA, the question about whether Korea's policy of depending on sea power is valuable even in the 21st century has been raised.