3 Billion Reasons Why Believing Argentine GDP Is Optional

Buyers of warrants tied to Argentina’s economic growth have at least 3 billion reasons to believe the nation is expanding faster than China.

The securities have jumped 15.6 percent this month to the highest level this year, versus a 3.8 percent gain for emerging-market government debt. The government, which in February became the first member of the International Monetary Fund to be censured for reporting inaccurate data, said Sept. 20 that the economy grew 8.3 percent in the second quarter. That exceeds China’s 7.5 percent growth and would be the fastest in the world apart from Macao, according to data compiled by Bloomberg.