I laughed till I about fucking died...
Yes that is Jackie Chan as Chun Li. Sadly he makes a better Chun Li then the chick in the fucking live action Street Fighter movie. I died laughing at the Clip of this. It's from an old movie he did called City Hunter. Check out the clip.
http://kikouken.com/downloads/jackiechan.mpg
K I'm amused for the rest of the day. Back to work.
p.s. Thank you brantano for the info on this lmfao.