In a wide ranging interview with Charlie Rose, Stanford President John Hennessy discusses the role of the modern university, research and funding priorities in the Obama stimulus package and Stanford's plans to internationalize. President Hennessy tells Charlie Rose that Stanford "is opening a center in Beijing on the Peking University campus that will be both a home for our students but also a place where our researchers who are working on collaborations and with faculty in China can actually have space and have a presence."