Dalai Lama during his visit in Cologno Monzese MI, Italy

President Xi Jinping announced this morning that China will wage an unceasing fight against the “economic terrorism” led by the Dalai Lama and Tibetan separatists on the Chinese economy.

After watching share prices tumble around 25 percent in a little more than a week, China’s president reassured investors that “everything will be done to take care of the Tibetan problem” he acknowledged yesterday, the media report says.

“We will increase our fight against the Tibetan separatist activities and the Dalai Lama menace” Xi was quoted as saying yesterday. “Until they stop their economic terrorism against the Chinese people and their economy, China will fight an unswerving battle against these terrorists” he acknowledged on a nationwide television broadcast, according to World News Daily.

His Holiness the 14th Dalai Lama is the spiritual leader of the Tibetan people. He frequently states that his life is guided by three major commitments: the promotion of basic human values or secular ethics in the interest of human happiness, the fostering of inter-religious harmony and the preservation of Tibet’s Buddhist culture, a culture of peace and non-violence.