I had written a previous post on this particular movie and I made a mistake.

Its not Ang Lee but John Woo.

Nonetheless, with a production cost of $80 million (supposedly the most expensive movie ever made in Chinese Cinema history) and besides reports that the movie is over budgeted, running behind schedule, actors walked off, on, then walked off the set again — its all very exciting.

It opens 11 July in Singapore.

Red Cliff or “Battle of Chi Bi” (赤壁之战) embraces an enduring cornerstone of the highly popular novel – Romance of the Three Kingdoms. I did however read somewhere that the movie storyline would actually relate more closely to the historical text rather then more fascinating and often exaggerated novel plot. Starring Tony Leung, Takeshi Kaneshiro, Lin Chi Ling, this a historical event is set in 208 AD when the faltering Han Empire was in de-facto controlled by 3 warlords. Northern Wei embarked on a expedition against the south where the other 2 warlords – Shu and Wu, setup an allegiance to defend their territories. An epic encounter which saw a force of fifty thousand defeating an army of nearly a million through ingenious stratagems and tactics.

Extended trailer for RED CLIFF
http://video.sina.com.cn/ent/m/c/2008-05-22/071616114.shtml