Is CTHD 2 really happening?

News so far. Ang Lee is not directing it. Michelle Yeoh is confirmed in her original role. Chow Yun Fatt tunred down the offer and Donnie Yen will be replacing him. Latest news recently, announced Zhang Ziyi, whose role had already died will be back as "guest star" to play a small part with the same role with flashback scenes. They probably need her name to sell. Don't be surprised if the final film produced will have her part "enlarged" just like the original CTHD.

I thought Chow Yun Fat's character died? How could he have "turned it down"?

WTF!!! Spoiler alert dude!! Hehe, jk jk. Without ang, chow, and this chick, what kind of movie would it be? Id still watch it though. Chow did die. Donnie yen is a boss so hopefully hes in it somehow

Chinese scriptwriters are very creative. He died in A Better Tomorrow too but still appeared in a sequel.