Read this article:
http://www.taipeitimes.com/News/feat.../16/2003179256
According to the article a Taiwan film company is planning to remake the Legend of the white snake with a New Zealand company!! They plan to make it in english with Ian McKellen (Gandalf) as the monk who is hunting the Demon snake. What a stupid idea no wonder the Taiwanese film industry is going down the drain!! Turning a classic chinese legend into a Hollywood trash!!