“Academic literary journals” refer to journals published by academics at high-level educational institutions. As scholars and students are the main editors and writers for them, these journals represent not only the latest results of academic research but also instructional materials that are now available to the reading public. The present study adopts this perspective for a preliminary investigation of the decades-long relationship between Chung Wai Literary Monthly and the Chinese/Taiwan literary research. This study focuses on the following questions: how did Chung-Wai Literary Monthly use its academic position to intervene in the establishment of such contemporary discipline as comparative literature and to influence college/university-level education accordingly? And how did Chung Wai Literary Monthly introduce newly emerging theories and thus facilitate interactions between Western literary studies and those of (ancient) China and (modern/contemporary) Taiwan to the effect of reinventing the former and establishing the latter as a new academic discipline.