Via iF Magazine:
As far as the villain, Favreau is looking to use the Mandarin, but has indicated that it’s unlikely he will be the primary focus. “We’ll see how that basic group of four people moves forward towards the inevitable AVENGERS that’s coming and how the Mandarin, how largely he looms in the next one, that’s mostly what we’re doing,” Favreau said.
And who is “Mandarin?” Some Chinese guy who wears ten rings, each one with a different “power.” Oh, and he’s also a master martial artist.
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