In 1920s Tibet, the monks of the Lost City invite fighters from around the world to compete in the Ghang-gheng for a golden statue of a dragon. New York thief Chris Dubois (Jean-Claude Van Damme) is determined to get his hands on the statue, and teams up with disreputable pirate Lord Edgar Dobbs (Roger 'eyebrows' Moore) to obtain it. In order to enter the competition, Dubois must first overcome the reigning champion, Maxie Devine (Jack McGee).