May 22, 2018 / 11:51 AM / 7 months ago

Dollar role not on the agenda for Merkel trip to China

FILE PHOTO: German Chancellor Angela Merkel speaks during a joint news conference with Russian President Vladimir Putin following their meeting in the Black Sea resort of Sochi, Russia May 18, 2018. REUTERS/Sergei Karpukhin

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.

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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