What I haven't seen are a lot of good Asian art/intelligent films, though I'm sure they are out there.
Check out the films of Wong Kar Wai. He's the best known of HK's art house directors. Zhang Yimou's pre-Crouching Tiger films are all really good too. Ang Lee has done some incredible films. And there's another guy from Taiwan - would thoroughly recommend Yi Yi by Edward Yang.
edit: whoops, Ang Lee did Crouching Tiger. I meant Hero & House of Flying Daggers.