Evergrande, Backed Up Ships, And City Manager Salaries : Planet Money : The Indicator from Planet Money From ghost apartments empty in China, to a backlog of ships in Los Angeles, to towns struggling to find city managers... yes, it's time for Indicators of the Week!

Indicators Of The Week: Evergrande, Stuck Ships, Town Managers

Indicators Of The Week: Evergrande, Stuck Ships, Town Managers

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Qilai Shen/Bloomberg via Getty Images
High-rise apartment buildings at China Evergrande Group's under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021. Photographer: Qilai Shen/Bloomberg via Getty Images
Qilai Shen/Bloomberg via Getty Images

This week's indicators take us on a journey across the Pacific. From one of the biggest real estate companies in China to a problem facing local governments across the U.S.

Sally finds small towns are struggling to hire people to manage their cities, despite offering increasingly high salaries. Adrian's watching the horizon, where ships full of delayed cargo are kept adrift outside ports for unprecedented amounts of time, with no room to come ashore. Meanwhile, Darian explains the collapse of the Chinese real estate company, Evergrande Group, and why empty apartments in China are stoking fears for the global economy.

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