(The Dalai Lama (L) is awarded the Templeton Prize during his first visit to St Paul's Cathedral in London May 14, 2012. REUTERS/Stefan Wermuth)

China is beset by a moral crisis, widespread corruption and lawlessness, leading millions of Chinese to seek solace in Buddhism, Tibet’s exiled Buddhist leader, the Dalai Lama, said on Monday.

The Dalai Lama was in London to receive the $1.7 million Templeton prize for his work affirming the spiritual dimension of life.

Speaking to reporters before the award ceremony at St. Paul’s Cathedral in London, he said millions of young Chinese were showing an interest in spirituality.

“Look at China now, the moral crisis, corruption – immense,” he said, adding that China had “no proper rule of law”.