Jackie Chan is the mentor of Jaden Smith in "Karate Kid" remake

The deal is settled. Jackie Chan will set to play the wise Kung-fu mentor (Mr. Miyagi) in the upcoming remake of "The Karate Kid" which is now entitled, "Kung Fu Kid".

According to Variety, "Jackie Chan will play the wise kung-fu master in a Hollywood-Chinese remake of the 1984 hit "The Karate Kid" that kicked off filming in the Chinese capital at the weekend, a movie company publicist said Monday."

"Kung Fu Kid" is being directed by Harald Zwart, who also directed "One Night at McCool's" and "The Pink Panther 2."

Jackie will mentored Will Smith's son Jaden Smith, the character who's being harassed by bullies and is in need of both philosophical-self defense teaching.

The role of Mr. Miyagi (who can catch fly using a chopstick) is originally played by the late Pat Morita.