Tsai Shengbai
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Tsai Shengbai (); also known as: Tsai Hsiung (), (27 September 1894 – 15 April 1977) was a pioneering Chinese
industrialist A business magnate, also known as an industrialist or tycoon, is a person who is a powerful entrepreneur and investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or ser ...
. During 1915 to 1919, Tsai Shengbai studied at
Lehigh University Lehigh University (LU), in Bethlehem, Pennsylvania, United States, is a private university, private research university. The university was established in 1865 by businessman Asa Packer. Lehigh University's undergraduate programs have been mixed ...
. In the initial phase of Chinese industrial expansion, until the early 1950s, Tsai was at the forefront in the development of modern silk manufacturing industry in China. Under Tsai's helm, Mayar Silk Mills, a premier Shanghai silk manufacturer, used its prowess in technologies,
marketing Marketing is the act of acquiring, satisfying and retaining customers. It is one of the primary components of Business administration, business management and commerce. Marketing is usually conducted by the seller, typically a retailer or ma ...
and
management Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political s ...
to reach a dominant position, and Tsai became an icon in early Chinese industrial circles. In 1930s, Tsai played a lead role in the National Products Movement (國貨運動) to defend domestic industries from foreign dumping in China, protecting Chinese industrial and
economic development In economics, economic development (or economic and social development) is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and object ...
in its infancy. He also spearheaded business groups and liaison agencies which connected domestic banks and manufacturers, strengthening domestic industries, and organized and promoted numerous domestic products
exhibition An exhibition, in the most general sense, is an organized presentation and display of a selection of items. In practice, exhibitions usually occur within a cultural or educational setting such as a museum, art gallery, park, library, exhibiti ...
s. Following the Japanese
invasion An invasion is a Offensive (military), military offensive of combatants of one geopolitics, geopolitical Legal entity, entity, usually in large numbers, entering territory (country subdivision), territory controlled by another similar entity, ...
of Shanghai in August 1937, Tsai helped to coordinate industrial retreat from the coastal region. Mayar loaded its plant and equipment on twelve ships bound for Hong Kong,
Guangzhou Guangzhou, Chinese postal romanization, previously romanized as Canton or Kwangchow, is the Capital city, capital and largest city of Guangdong Provinces of China, province in South China, southern China. Located on the Pearl River about nor ...
, and
Chongqing ChongqingPostal Romanization, Previously romanized as Chungking ();. is a direct-administered municipality in Southwestern China. Chongqing is one of the four direct-administered municipalities under the State Council of the People's Republi ...
. During World War II, Mayar continued to expand its manufacturing to include
northern China Northern China () and Southern China () are two approximate regions that display certain differences in terms of their geography, demographics, economy, and culture. Extent The Qinling, Qinling–Daba Mountains serve as the transition zone ...
, as well as to build nationwide
sales Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale. A period during which goods are sold for a reduced price may also be referred ...
and
marketing Marketing is the act of acquiring, satisfying and retaining customers. It is one of the primary components of Business administration, business management and commerce. Marketing is usually conducted by the seller, typically a retailer or ma ...
networks. As the war ended in August 1945, Mayar had now been distributed nationwide. In spite of difficulties during the war, Mayar flourished and found opportunities for expansion. Its market valuation skyrocketed. Tsai then went abroad to conduct market studies and to establish offices in New York,
Buenos Aires Buenos Aires, controlled by the government of the Autonomous City of Buenos Aires, is the Capital city, capital and largest city of Argentina. It is located on the southwest of the Río de la Plata. Buenos Aires is classified as an Alpha− glob ...
, and as well in
Bangkok Bangkok, officially known in Thai language, Thai as Krung Thep Maha Nakhon and colloquially as Krung Thep, is the capital and most populous city of Thailand. The city occupies in the Chao Phraya River delta in central Thailand and has an estim ...
and
Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
. Following the founding of the People's Republic of China in October 1949, Tsai continued his cooperation with the new government. The
Korean War The Korean War (25 June 1950 – 27 July 1953) was an armed conflict on the Korean Peninsula fought between North Korea (Democratic People's Republic of Korea; DPRK) and South Korea (Republic of Korea; ROK) and their allies. North Korea was s ...
broke out a year later. The U.S. and its allies'
economic sanction Economic sanctions or embargoes are commercial and financial penalties applied by states or institutions against states, groups, or individuals. Economic sanctions are a form of coercion that attempts to get an actor to change its behavior throu ...
against
Mainland China "Mainland China", also referred to as "the Chinese mainland", is a Geopolitics, geopolitical term defined as the territory under direct administration of the People's Republic of China (PRC) in the aftermath of the Chinese Civil War. In addit ...
sealed Mayar's fate. Facing the sanction together with industrial
nationalization Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with p ...
in China, Tsai retreated and
retired Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their j ...
to Hong Kong. Nevertheless, his legacy of industrial ambition and entrepreneurial zest has continued in his family by Yang Yuan-loong and Marjorie Yang Mun-tak who have since built up a world-class textile company, Esquel Group.


Biography

Sent through Tsinghua College by Chinese government to advance studies in the U.S. Graduated from Phillips Academy, Andover, Massachusetts BEng.in Mining Engineering, Lehigh University 1919, Mayar Silk Mills.


Family

Tsai was married to Moh Huaizhu, the daughter of Moh Shangqing, the founder of Mayar Silk Mills. The couple had four daughters and a son, including Dora Tsai Yungfong, wife to Yang Yuan-loong.


References

Hsiung Tsai 2007, Y.L.Yang Education Foundation Publication, December 2007,{{ISBN, 978-988-17391-1-7 Businesspeople from Zhejiang Lehigh University alumni 1894 births 1977 deaths People from Huzhou 20th-century Chinese businesspeople