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you know, the local markets. that's good for economy and especially semiconductor diversification.— especially semiconductor diversification. dale gai from counterpoint _ diversification. dale gai from counterpoint research, - diversification. dale gai from | counterpoint research, thank you. counterpoint research, thank ou. ., ~' counterpoint research, thank ou. ., ~ let's get some of the day's other news. in the us republicans have threatened to use the country's debt ceiling to demand for more spending cuts from the current administration. they currently control the house of representatives, while the democrats control the us senate. treasury secretary janet yellen had earlier warned the country might hits its $31.4 trillion debt limit this thursday. a similar fight in 2011 led to a brief downgrade of america's credit rating. china and hong kong have reopened a high—speed rail link, after it was suspended at the start of the covid—19 pandemic almost three years ago. beijing dismantled travel curbs earlier this month and comes ahead of a surge of domestic travel as chinese new year kicks off on 21 january. hundreds of millions of people will be criss—crossing the country as they return home from cities to smaller towns,