One U.S. official told Reuters on condition of anonymity that a meeting between Blinken and Wang was possible at the Munich conference, which runs from Feb. 17-19.
"I know there's been a report about a potential meeting in Munich, but I have nothing to announce today."
U.S. national security adviser Jake Sullivan noted last week that Blinken had postponed his visit to China, not canceled it or sworn off future high-level communication with China.
China's has reacted angrily to Washington's spying allegations, saying the balloon was a civilian research craft and accusing Washington of hypocrisy.
"But neither side wants to handle scheduling in the glare of media attention, and both sides are dealing with the uncertainty of balloon-related drama."