The movie, fronted by Ben Wang of "American Born Chinese" fame, will be directed by Jonathan Entwistle. Wen also joins fellow cast members Jackie Chan and Ralph Macchio, who will reprise their previous roles from the franchise.
"Peter Rabbit" writer Rob Lieber will pen the screenplay, reported entertainment news outlet Variety. Details of the plot are being kept under wraps for now.
Sony Pictures is slated to release the film on December 13 and will also feature Joshua Jackson and Sadie Stanley.
The "Karate Kid" films is one of the most popular martial arts franchises in Hollywood, consisting of three initial movies starring Ralph Macchio and Pat Morita. It led to a standalone sequel to "The Next Karate Kid" (1994) featuring Morita and Hilary Swank.
