On February 28, Keanu Reeves began production in China on his directorial debut, "Man of Tai Chi." The Chinese-language film will shoot over six months in China and Hong Kong on a budget of $32 million. It is a contemporary action film; famed martial arts choreographer Yuen Woo-ping will work with Reeves, who stars in the film, as well as co-stars Tiger Chen and Karen Mok. The project is a co-production of China Film Group, Village Roadshow, Wanda Media and Universal (which will handle distribution).
Reeves recently wrapped Universal's "47 Ronin" and now joins a growing list of actors-turned-directors, from Ben Affleck (in post-production on "Argo") and "The League"'s Katie Aselton ("Sundance hit "Black Rock") to Jennifer Westfeldt (whose "Friends with Kids" releases March 9). Here's our Cannes interview with Westfeldt and partner/co-star Jon Hamm, in which they talk about shifts in indie filmmaking.