Jackie Chan joins the Karate Kid

According to comingsoon, Jackie Chan is in his final negotiations with Columbia Pictures to join in on the remake of the classic The Karate Kid.

The remake is revamped as a starring vehicle for Will Smith's kid, Jaden Smith with Harald Zwart on the helm (The Pink Panther 2, One Night at McCool's). 

The story is essentially the same as the original, but they are apparently only borrowing a few elements of the original.  A young kid (Smith) gets bullied, so he learns to stand up for himself with the help of an eccentric master (Chan).  Sounds alot like The Forbidden Kingdom, without the help from Jet Li.

The Karate Kid remake starts filming early this summer in Beijing.