This episode's headline: Labored Debate; China in Transition - Mao to Markets; Banking in the Hood; A Singular Difference. The guests include THOMAS DONAHUE, AFL-CIO; SANDRA MASUR, Eastman Kodak; ERROL LOUIS, Banker; MARK WINSTON GRIFFITH, Banker; CORRESPONDENTS: ROBERT OXNAM; CHARLAYNE HUNTER-GAULT; ANNE TAYLOR FLEMING. Byline: In New York: ROBERT MacNeil; In Washington: JAMES LEHRER