According to The Hollywood Reporter, Jackie Chan is currently negotiating with Columbia Pictures about possibly playing the role of karate teacher Mr. Miyagi in a remake of The Karate Kid. Pat Morita played the role in the original 1984 film, which was a box office success. And guess who’s going to play the kid who gets bullied and winds up taking karate (played in the original by Ralph Macchio)? None other than Will Smith‘s nine-year-old son Jaden Smith, who’s currently appearing in The Day the Earth Stood Still. The movie will begin shooting in China later this year for a 2010 theatrical release.