The troubles at China property giant China Evergrande Group (SEHK: 3333) have been hogging the headlines this past week. Unless you’ve been living under a rock, you should realise that this news alone has caused stock markets in Hong Kong and Singapore to tumble as investors are on edge. So, what’s the big deal? With more than US$300 billion in liabilities, China Evergrande is having problems servicing its huge debt load. The real estate giant temporarily averted a default on the coupon payment on its bonds last week but is still teetering on the edge of insolvency. Its shares have plunged 84% since September last year. On Monday, its electric vehicle unit, China Evergrande New Energy Vehicle Group Ltd (SEHK: 0708) warned that it could run out of cash and scrapped a plan to issue yuan-denominated shares. Shares of the EV company have declined by 26% in just five days....