Dreamworks will be teaming up with China for this one, with both film and an entertainment district in Shanghai:
DreamWorks Animation and Chinese partners announced plans Tuesday to co-produce the next "Kung Fu Panda" movie and develop an entertainment district in Shanghai, expanding Hollywood's fast-growing ties to China.
Hollywood studios have announced a flurry of deals with local partners to gain access to Chinese financing and a government-controlled film market that is growing strongly at a time of weak ticket sales in the United States and Europe.
"Kung Fu Panda 3" will be produced in China and released in 2016, according to DreamWorks Animation SKG Ltd. and its state-owned local partners – China Media Capital, Shanghai Media Group and Shanghai Alliance Investment.
They said the movie will be produced by a new joint venture, Shanghai Oriental DreamWorks Film & Television Technology Co. DreamWorks will own 45 percent of the company and the Chinese partners will hold stakes totaling 55 percent.
seeing as the second one ended with a definite idea of where to go I'm figuring this one will deal with Po's real family.