This week we discuss the U.S. reaction to China’s new infrastructure bank, the Asian Infrastructure Investment Bank (AIIB). Simon Chair Deputy Director Amy Studdart describes the bank’s origins, explains why Washington’s critique of its allies for joining AIIB has proven unpopular, and lays out the challenges China faces in managing a new multilateral institution. We also cover the region’s news, highlight Jejomar Binay Jr. of the Philippines in the featured leaderboard, and share our One to Watch, World Water Day. Hosted by Colm Quinn. Audio edited by Samuel Ellis. Produced by Jeffrey Bean.