diff --git a/ext/simplexml/tests/bug38354.phpt b/ext/simplexml/tests/bug38354.phpt
new file mode 100644
index 00000000000..8b3b2a2a610
--- /dev/null
+++ b/ext/simplexml/tests/bug38354.phpt
@@ -0,0 +1,30 @@
+--TEST--
+Bug #38354 (Unwanted reformatting of XML when using AsXML)
+--SKIPIF--
+<?php if (!extension_loaded("simplexml")) print "skip"; ?>
+--FILE--
+<?php
+
+$xml = simplexml_load_string(
+'<code>
+	<a href="javascript:alert(\'1\');"><strong>Item Two</strong></a>
+</code>'
+);
+	
+foreach ($xml->xpath("//*") as $element) {
+	var_dump($element->asXML());
+}
+
+echo "Done\n";
+?>
+--EXPECTF--	
+string(101) "<?xml version="1.0"?>
+<code>
+	<a href="javascript:alert('1');"><strong>Item Two</strong></a>
+</code>
+"
+string(66) "<a href="javascript:alert('1');">
+  <strong>Item Two</strong>
+</a>"
+string(25) "<strong>Item Two</strong>"
+Done