The issue of the textual relation between Tso-chuan and Kuo-yu has been extensively discussed by scholars. Most of them, however, have written in terms of content, language, grammar, and vocabulary. The present study is an attempt to reexamine the issue from the point of view of narrative literature, using the narrative of Shen-sheng as an actual example. The result of this new study tallies well with the prevailing view among academic circles: the two books were not off-shoots of one common larger work; nor were they written by one common author. The fact remains, however, that the two books seem to bear an unusually close relationship with each other. In the narrative of Shen-sheng, for example, not only many of the details narrated are similar, but there is an uncanny resemblance in wording in places as well. Three possible explanations for this intriguing phenomenon maybe advanced: that the two authors involved used the same original materials, that the author of Tso-chuan had consulted kuo-yu, and vice versa. Given the evidence available now, the second explanation would seem to be the most plausible of the three.