Overview
The Dragon Lady, also known as Madam Deal, was a well-known character in the U.S. comic strip Terry and the Pirates, created by Milton Caniff, and in the movie serial, comic books, and TV series based on the comic strip. She was modelled after Lai Choi San, a real-life 20th century pirate.
Origin
The Dragon Lady first appeared in December 1934, in the first Sunday strip story. She began as a stereotypically beautiful, seductive and evil Asian, but as the comic strip became more realistic, the character grew more complex. Fans of the strip recall her passionate love for the journalist and man-of-action Pat Ryan, and the time she taught Terry how to dance. In the years leading up to World War II, she became a heroic, though Machiavellian figure, leading the resistance against the Japanese invasion of China.
According to Milton Caniff: Conversations, she "was modeled from a real person, as are all Caniff's characters", in this case a succession of them, starting with professional model Phyllis Johnson.
From Wikipedia (CC BY-SA 4.0).