This episode's headline: China in Crisis; Time Takeover. The guests include FANG LIZHI, Human Rights Activist; HARRISON SALISBURY, Journalist; MICHAEL HARKINS, Money Manager; JOHN REIDY, Media Analyst; BEN BAGDIKIAN, Media Expert; EVERETTE DENNIS, Gannett Center For Media Studies; CORRESPONDENTS: ALEXANDRA SZACKA, Radio Quebec; KWAME HOLMAN. Byline: In New York: ROBERT MacNeil; In Washington: JAMES LEHRER