Hollywood Outsources

Ironman 3 to be produced in China.

Walt Disney Co. said Monday it will co-produce its next "Iron Man" movie with a Chinese partner in Hollywood's latest effort to forge closer ties with China's fast-growing film industry.

"Iron Man 3," starring Robert Downey Jr., Gwyneth Paltrow and Don Cheadle, will begin filming this year, Walt Disney and its Chinese partner DMG Entertainment said. They said DMG will jointly produce the film in China but gave no indication whether any filming would take place in this country.

"We know Chinese audiences love Iron Man. So we are going to add Chinese elements and a Chinese story into Iron Man 3," Disney's general manager for Greater China, Stanley Cheung, said at a news conference.