Abstract:Taking overseas Chinese students groups and overseas-study culture in modern China as a new background of description and analysis, this paper especially focuses on Xinyue School's essence, tendency, characters, and status as a cultural group and school of America-Britain educated Chinese in the time of "Post-May Fourth". It is just from this new point of view that the author emphasizes that Xinyue School is not merely an ordinary literary school, but a cultural school and group that mainly consist of returned students from USA and UK in the time around "May Fourth". Furthermore, American-British education and culture not only greatly affect Xinyue School's cultural, ideological and literary choices but also vest Xinyue School as well as modern Chinese culture and literature with distinct inclinations and characteristics in terms of unfolding from multi-sources to multi-configurations and in the interactions between multi-traditions and multi-developments.