Basically, fast forward to the last half an hour or forty minutes to listen to some guy announcing the different countries and to hear the gong blast before watching some silly but cool fights. I mean, they're all pretty lame because you KNOW that the obvious ending is to see the American Van Damme fight the heartless big bad behemoth, but it's always more interesting to see what happens to the OTHER fighters...
Who wins between Russia vs Spain (a great fight)? China vs Korea? Turkey vs Holland? All the fighters are portrayed as the stereotypical image of their country and it's really quite a blast. The stand-outs are the Turkish fighter (serious Ottomon savage), Chinese (monkey-acrobatics), Japanese (fat sumo), Korean (buff asian), Spanish (flamenco dancer who hits on the only chick in the film), Greek fighter (ethical) etc. Roger Moore's presence is a joke and yeah, only if it's on TV and you're bored.
The movie quickly changes from an adventure story to a video-game movie the likes of Tekken. All of the best fighters in the world are invited to fight in a tournament at the Lost City for the prize of Golden Dragon and honor. The fighters are acted by real fighting champions from around the world. Each brings his own fighting style resulting in some satisfying matches which is the saving grace of the film.
This film would have been much improved with plot twists and more attention paid the the back story of Van Damme's orphaned past to gain a better appreciation of why the fighting is so important to him.