Final Fantasy VII - Advent Children, has already been anounced, theres a website for it and pictures of how the characters are in the movie and, as you may have guessed from the title, it is based in the time of FFVII but after wards. And YES, Cloud and the rest of the crew are in it, including the coolest FFVII baddy ever, Sephiroth!! I personally cant wait to see this.
In case anyone is still looking for the chinese version of the DB Movie, I think Tai Seng have the license in the USA, probably still available. They are also releasing Legend of the Condor Heroes in the USA.
Sephiroth hasn't been confirmed in it actually unless that's been announced recently. They show one scene that looks like a flashback but nothing has been announced that he will play an active role in the movie. However, if they don't they will have a lot of unhappy fans lol.
it going to be a big failure. unless there going to be not going to be alot of CG. maybe it have hope.