Is there any truth in saying they are the same.Even though both stories are completely different? Monkey king was an important part of a Chinese folk story. He was a demi God and he was an immortal. This is the story Monkey King is based on a true story of a famous monk, Xuan Zang of the Chinese Tang Dynasty (602-664). ... He was, according to the story, born out of a rock, fertilized by the grace of Heaven and Earth. Being extremely intelligent, he has learned all the magic tricks and gongfu from an immortal Taoist master.