US-Chinese sequel to 'Crouching Tiger, Hidden Dragon' announced

Producers in China and the United States will collaborate to make a sequel to the Oscar-winning film "Crouching Tiger, Hidden Dragon," officials said yesterday at the 17th Shanghai International Film Festival.

The Sino-US production, titled "The Green Destiny" will be shot later this year in New Zealand and China. Co-produced by Pegasus Media, China Film Group Corporation and the Weinstein Company, it is expected to be released in 2016.

The action-packed sequel centers on the battles for a precious ancient Chinese sword. Malaysian actress Michelle Yeoh and Hong Kong actor Nicholas Tse have been confirmed to star in the movie.

According to Sun Jianjun, president of Pegasus Media, Hollywood professionals from "The Lord of the Rings" will be invited to do special effects, makeup and costumes for the movie.

"It will retain the Oriental flavor of the first installment while presenting more stunning visual effects with the help of foreign expertise," said Sun.

In addition, Sun said that in the next two years Pegasus Media will also co-produce movies in varied genres with famed production companies in South Korea and France, including the sci-fi film "Fist," romantic comedy "Call For Love 3," fashion drama "Face Shopper" and war epic "Angel's List."

Meanwhile, the 3D animated movie "Dragon Nest," co-produced by Hollywood producer Borden and Mili Pictures, announced its Chinese release date. The fantasy 3D film, adapted from a popular online game, will hit cinemas across China on July 31.

Finally, Shanghai Film Group Corporation announced that "The Cursed Piano" will soon start shooting. The epic film is headed up by Oscar-winning director Barry Levinson and co-produced by Hollywood filmmaker Mike Medavoy. Set in World War II-era Shanghai, it is a love tale of a Jewish musician who escapes the Holocaust in Europe.