also, the former ambassador to china jon huntsman, will be on the show talking about the relationshipcompanies and a film he is in. mark: alix steel with "street smart" at the top of the hour. scarlet fu will be back with "off the charts" on the other side of the break. ♪ mark: welcome back. the nasdaq finally moved back after closing at a new high yesterday. the index is extending gains to set a new record today. scarlet fu is with me now to consider the move in today's "off the charts" segment. what a move it is. scarlet: it does feel like we vanquished a ghost. that record stood for 15 years, an eternity in market time. the first chart, the bars track the number of times the nasdaq closed a record highs since it launched in 1971. the higher the bar, the more record highs in a year. the first year more than 30 instances of new nasdaq closing high. that picked up in the second year and then went down to single digits in 1973. there was nothing for five years. the late 1970's through the early 1980's featured new records, so did the mid-80's. the 1990's were the real glory days. in 19

ambassador to china, jon huntsman in his last year in his post. ssa hope the ambassador, as well as gracie huntsman. vanessa, tell us about this film and why you decided to make it vanessa: i started studying chinese when i was a little older than gracie. i forget east asian history class and got hooked on one to learn the language, going to china. i worked in foreign policy of the council of foreign relations and worked with the committee of chinese debt of u.s. china relations. there are amazing stories that have not been told. if i can show them through the world desk show them to the world through film that would be great. i felt the story was an excellent window to the relationship between the two countries. see them in action, on the ground in china. i was lucky that obama appointed governor huntsman and they allowed me in. alix: ambassador, how come you decided to participate? it has to be pretty scary to let someone into your life like that. jon: i had been reelected as governor. it is kind of a fishbowl. we were open and exposed. we believ

. >> good afternoon everyone, i'm john jon huntsman. thank you for joining us to hear china's vice minister of finance speak about his country's vision for a more prosperous asia-pacific region. thank you so much for being with us. this is part of the council's project on shaping the asia pacific future. we have the secretary of u.s. treasury department and former special envoy on china. the project is currently on phase one which focuses on the economic and financial architecture and this includes the asian infrastructure and infrastructure bank and the new development bank and the silk road initiative showing strong momentum. and this includes under increasing scrutiny. this includes the investment and financial architecture. the international organization continues to expand in the upload chinese capital into foreign markets which is rising we have efforts to strengthen the economy face a new challenge. and there are great opportunities to pursue common interest and also serious potential risks of fragmentation and we are delighted t

i'm jon huntsman chairman of the atlantic council. we welcome one and all and thank you particularly this afternoon for joining us to hear china's vice minister of finance, zhu guangyao, speak about his country's vision for a more prosperous asia pacific region. mr. vice minister, we are delighted and hon toreored to have you here. thank you so much for being with us. this event is part of the council's project on shaping the asia-pacific future. led by our scowcroft center's nonresident senior fellow, olin wethington former special envoy on china. this project is currently on phase one which focuses on the economic and financial architecture in the region. the vice minister's meeting to washington comes at a critical time as new regional initiatives supported by china such as the asian infrastructure investment bank, the new development bank and the silk road initiative are showing strong momentum. and the effectiveness of existing multilateral financial institutions are under increasing scrutiny. on a broader scale, china is playing

. >> one final question then i want to turn it over to the table i'm talked to jon huntsman a couplecinating what china did right, going back to tiananmen square after that horrible incident. but comparing their trajectory to russia's two countries both trying to move away from hard core communist rule i asked jon huntsman, how obsessed is chinese leadership still on communist doctrine. he said, they're obsessed on one thing, 8% 9% 10% growth. unless they have that they may not be able to maintain power. do you agree with that? >> i believe right now that the challenges are more than that okay? so what are they obsessed with? they have to reinvent their economic model, reinvent the urbanization model they've got to deal with dirty air, pollution, big flashpoint. corruption which has run rampant. big income disparities. all of this without the institutions they need to govern. so what they're doing is they're emphasizing the party and as sort of the institution that provides stability and to try to drive this reform. now i -- i think that they're working on some very big problems and

my buddy jon huntsman, is with us. something you might know about jon.t learn to speak chinese to go there. oh no. he learned english to come here. [applause] president obama: and then, there is a vicious rumor floating around which could hurt mitt romney. i heard he passed universal health care when he was governor of massachusetts. someone should get to the bottom of that. i know just the guy to do it donald trump. he is here tonight. i know he has taken some flack lately, but no one is prouder to put this verse to forget -- this birth certificate matter to rest many donald. -- than the donald. that means he can get back to issues that matter like, did we faked the moon landing? what really happened in roswell? [applause] presentsident obama: all kidding aside, we know about your credentials and breadth of experience. for example, just recently, in an episode of "celebrity apprentice," the cooking team did not impress the judges from omaha steaks. you recognized the real problem was a lack of leadership, so ultimately you did not blame littlejohn or me

on behalf of the atlantic council's chairman, governor jon huntsman, and its president fred camp and my colleague, director of the atlantic council center for the middle east, it's my pleasure to welcome all of you to this discussion, morocco's contribution to countering violent extremism in the middle east and africa. i especially want to acknowledge the president, the ambassador, the king of morocco to the united states, a very good friend and like his predecessor, a member of the atlantic council. i also want to welcome all the distinguished guests we have amongst us, and thank you for making time to join us this morning. this event takes place on the eve of the u.s.-morocco strategic dialogue. we at the atlantic council are very gratified that the support and institutional framework or strengthening bilateral relations between our two countries is not only up and running, but now in its third year and appears to be prospering. a little over a year and a half ago, on the eve of the summit between president obama and king mohammed the sixth, the african center noted morocco's vital

on behalf of the atlantic council's chairman, governor jon huntsman and its president, fred kemp, as well as my colleague, ambassador frank richardone, director of the atlantic council rafik harii center for the middle east it's my pleasure to welcome all of you to this discussion morocco's contribution to countering violent extremism in the middle east and africa. i especially want to acknowledge the presence of the ambassador of his majesty the king of morocco to the united states, his excellentcyexcellency, rashad bulal a good friend and like his predecessor member of the atlantic council and also welcome all the distinguished guests we have amongst us and thank you for making time to join us on this morning. this event takes place on the eve of the u.s./morocco strategic dialogue. of course we at the atlantic council are very gratified that this important institutional framework for strengthening bilateral relations between our two countries is not only up and running, but now in its third year appears to be prospering. little over a year and a half ago, on the eve of the summit