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Crouching Tiger sequel to start shooting in May

Weinstein Company is moving ahead with the martial arts project

The sequel to the martial arts smash 'Crouching Tiger, Hidden Dragon' is to start shooting in May, according to reports.

Though 12 years have passed since Ang Lee's first movie, the long-in-gestation follow-up is now making progress.

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A script has been completed by John Fusco, who penned Jet-Li and Jackie Chan vehicle 'The Forbidden Kingdom' – as well as the likes of 'Young Guns' and 'Young Guns II'.

Meanwhile, taking the helm from Lee will be Ronny Yu, who directed 'Fearless' with Jet-Li in 2006.

The first film was based on the fourth in a series of books by Wang Du Lu.

The plot of the new film will pick up with Michelle Yeoh's character Yu Shu Lien and will be drawn from the fifth book in the series, 'Iron Knight, Silver Vase'.

While it's not known yet whether Yeoh or any of the other stars from the 2000 film will reprise roles, the master Woo-ping Yuen is reportedly signed up to choreograph the fight scenes once again.

'Crouching Tiger, Hidden Dragon' was an international smash-hit, making $213.5 million (£135 million) from its $17 million (£10.7 million) budget, and winning four Oscars from 10 nominations, including Best Foreign Language Film and Best Cinematography.