Disney to Team with Chinese Company to Produce 'Iron Man 3'

'Iron Man 3' will make its way to China, again.

The Walt Disney Company announced Monday that it will be teaming with Marvel Studios and Bejing-based DMG Entertainment for the third installment of "Iron Man." The first two films also had help from Chinese companies, according to The New York Times.

As expected, Robert Downey Jr., Gwyneth Paltrow and Don Cheadle will return for the third film.

This move comes several months after China agreed to allow more foreign films (including from America) into their growing economy, Variety previously reported. DMG Entertainment helped produced American films such as "Twilight," "Resident Evil: Afterlife" and "Priest."

Shooting is expected to start next month in the United States, with location filming to begin in China in the summer, right around the time "The Avengers" makes its way to the silver screen.