It sounds like the planned Big Trouble in Little China revival starring Dwayne "The Rock" Johnson is still in the works and won't be a remake of the 1986 classic.
Hiram Garcia, the President of Production at Johnson's production company, Seven Bucks Productions, recently provided an update for the revival of John Carpenter's fan-favorite film. While confirming the project is still in development, Garcia clarified that the upcoming film wouldn't reboot the previous movie but instead build off of it.
"We are in the process of developing that and, let me tell you, the idea is not to actually remake Big Trouble in Little China," explained Garcia in an interview with Collider. "You can’t remake a classic like that so, what we’re planning to do, is we’re going to continue the story. We’re going to continue the universe of Big Trouble in Little China. Everything that happened in the original exists and is standalone and I think there’s only one person that could ever play Jack Burton, so Dwayne would never try and play that character."
A planned revival of the film, blending Chinese mysticism and martial arts while starring Kurt Russell as adventurous truck driver Jack Burton, was first announced in 2015 with Johnson attached to star. Since then, there hasn't been much news about the film but Garcia indicates that official news may be coming soon.
"We’re actually in a really great space with the story that we’ve cracked. But yeah, no remake," elaborated Garcia. "It is a continuation and we are deep into development on that as well, and I think you’ll start hearing some things about that probably soon."