May 22, 2018 / 11:50 AM / a month ago

Dollar role not on the agenda for Merkel trip to China

BERLIN (Reuters) - German Chancellor Angela Merkel is not expected to discuss the idea of replacing the U.S. dollar as a global reserve currency with her Chinese hosts when she visits the country later this week, a senior German official said.

FILE PHOTO: Chinese President Xi Jinping walks next to German Chancellor Angela Merkel to attend the G20 leaders summit in Hamburg, Germany July 7, 2017. REUTERS/Wolfgang Rattay/File Photo

Asked whether reining in the dollar could be on the agenda in Beijing, where Merkel will meet President Xi Jinping and Premier Li Keqiang, the official said: “Replacing the dollar as a global reserve currency, it is not about that.”

Reporting by Noah Barkin; Editing by Paul Carrel

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