Why is General Wesley Clark in talks with a Chinese state owned solar company?

[Joanne98]

http://finance.yahoo.com/q?s=CTDC

Source: China Technology Development Group Corporation
On Friday September 18, 2009, 8:30 am EDT
Buzz up! 0 Print.Companies:China Technology Development Group Corporation

HONG KONG, Sept. 18, 2009 (GLOBE NEWSWIRE) -- China Technology Development Group Corporation (Nasdaq:CTDC - News) ("we" or "the Company"), a provider of solar energy products and solutions in China, today announced that the management met with General Wesley K. Clark, Chairman of investment bank Rodman & Renshaw and one of the most distinguished retired military officers in US, to discuss the Company's merger and acquisition strategies and the potential opportunity for mutual cooperation in the green energy sector to utilize the resources of both parties, on September 11, 2009, in New York.


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CTDC 2.25 +0.09


{"s" : "ctdc","k" : "c10,l10,p20,t10","o" : "","j" : ""}
Mr. Alan Li, Chairman and CEO of the Company, extensively exchanged the fundamental information with General Wesley Clark, including the Company's profile, Chinese solar industry development policies and potential outlook, and CTDC's merger and acquisition strategies in the solar energy industry.



As a member of the Clinton Global Initiative's Energy & Climate Change Advisory Board and American Council on Renewable Energy's ("ACORE") Advisory Board, General Wesley Clark expressed his strong interest in cooperation with the Company in the Chinese green energy industry and extended strong endorsement for CTDC's M & A strategies. "With the positive renewable energy policies being adopted by the Chinese government, China presents one of the biggest markets for solar industry and low carbon economy in the near future. I will endeavor to help CTDC, a China-based solar company, to implement its strategies by introducing some appropriate acquisition targets in the US and providing assistance in fund raising," said General Wesley Clark.



"We are honored to meet with General Clark and very pleased to have the General's support," commented by Mr. Alan Li. "We expect to make big strides forward in achieving our goals by seizing the growth opportunities available in both China and the United States."

http://finance.yahoo.com/news/CTDC-Management-Meets-With-pz-1469381120.html?x=0&.v=1



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[zeemike]

1. Sounds like he is about to sell off some stuff to them

So they can be a major player in the US market.

[MineralMan]

2. Money would be my guess.

Seems like that fits his current job description...:shrug:

[upi402]

3. I wondered why Obama didn't tap him

Did he go all the way to one side or the other? Where is he, politically anyway. I figure him for a blue dog type.