After a stream of positive developments and casting decisions, the production of Iron Man 3 has hit its first roadblock. According to JoBlo, Andy Lau has dropped out of the project in order to spend more time with his newborn daughter. 

The site is reporting that Lau was originally scheduled to play a "businessman [who] has his daughter kidnapped which lures Iron Man to China." Marvel is now looking for a Chinese actor with similar features to Lau to play the part. Two actors being considered are Chen Daoming (Hero) and Wu Xiubo.

We'll keep you updated whenever this situation gets resolved.  

[via JoBlo