One of Bill Paxton's upcoming projects is a Kung Fu movie (based on the Carradine series), per
this source.
Considering that the tv show is a notorious example of whitewashing, this is something to keep an eye on. However, Paxton's remarks in the linked article are somewhat promising:
To take that a step further, I think the character of Caine, whoever this actor this is, and we're going to have to do a big search, he has to be Chinese-something... Chinese-Irish, Chinese-Israeli, Chinese-American, Chinese-Canadian... He's probably going to have to be a pretty skilled martial artist.
Of course, this is still all very preliminary, but hopefully this comment pans out.