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Protesters wave American flags as they march to the U.S. Consulate in Hong Kong on Thursday. Photo: Vivek PrakashAFP/Getty Images

Thousands of Hong Kong protesters marching to the U.S. Consulate Sunday sang the U.S. national anthem and called on President Trump to "liberate" the Chinese-controlled territory as police looked on, Reuters reports.

Why it matters: This is the latest in a series of weeks-long demonstrations that have plunged the Asian financial hub into its worst crisis in decades. The protests show no sign of abating, despite Hong Kong leader Carrie Lam saying on Wednesday that she was formally withdrawing a bill that would have seen citizens extradited to mainland China — a key demand of protesters.

  • Hong Kongers have enjoyed a high degree of autonomy since the former British colony was returned to China in 1997, and pro-democracy protesters are concerned there may be a crackdown by Chinese authorities.

The big picture: Protesters say the announcement of the bill's withdrawal was "too little, too late" and that several of their key demands had not been met.

  • The Chinese government has ramped up its rhetoric in recent weeks, comparing demonstrators to terrorists on several occasions and accusing the U.S. and the U.K. of encouraging the protests.
  • The U.S. State Department updated its Hong Kong travel advisory, warning that U.S. citizens and consular employees had been the targets of a recent propaganda campaign by China "falsely accusing the United States of fomenting unrest."

Go deeper: Hong Kong's people stand up to China

Go deeper

AOC and Ilhan Omar want to block Biden’s former chief of staff

Reps. Ilhan Omar and Alexandria Ocasio-Cortez. Photo: Brendan Smialowski/Getty Images

Reps. Alexandria Ocasio-Cortez and Ilhan Omar are boosting a petition against Joe Biden nominating his former chief of staff to a new role in his administration, calling Bruce Reed a "deficit hawk” and criticizing his past support for Social Security and Medicare cuts.

Why it matters: Progressives are mounting their pressure campaign after the president-elect did not include any of their favored candidates in his first slate of Cabinet nominees, and they are serious about installing some of their allies, blocking anyone who doesn't pass their smell test — and making noise if they are not heard.

2 hours ago - Podcasts

Butterball CEO Jay Jandrain talks turkey

Butterball estimates that it sells one out of every three Thanksgiving turkeys, but knows that this year's celebrations will be different than years past.

Axios Re:Cap talks with the turkey giant's CEO Jay Jandrain about what people are buying, what they're asking the "Turkey Talkline" and what the pandemic has meant for his business.

Biden introduces top national security team

President-elect Joe Biden's nominee for Secretary of State Antony Blinken spoke Tuesday at an event introducing the incoming administration's top national security officials, where he told the story of his stepfather being the only one of 900 children at his school in Poland to survive the Holocaust.

What they're saying: "At the end of the war, he made a break from a death march into the woods in Bavaria. From his hiding place, he heard a deep rumbling sound. It was a tank. But instead of the iron cross, he saw painted on its side a five pointed white star," Blinken said.