Those promises is on. People across the country are watching the president elect closely and analyzing her victory. Earlier i spoke with a reporter in seoul on the day after the election. Reporter the south korean media are busy telling park geunhyes history, theyre going over the twists and turns of the path that led to the start of a late president back to the blue house as president. Experts say the high voter turnout helps park win more than 50 of the ballots. Some initially thought it would have favored opposition candidate moon jaein who has widespread support among young people. In past president ial elections, voters in their 30s or younger outnumbered those in their 50s or older. This time around the reverse happened within perhaps because society is aging and birth rates are declining. The 50plus set accounted for more than 40 of all voters. And they propelled park into the top job. Park visited the National Cemetery the day after her election win as all president elects do. Then she outlined the plans. Translator my dream and hope is to make use of all the hidden potential of the south korean people. We can create a republic of korea in which everyone will be guaranteed the right to pursue happiness. Ill make it possible for all the people to share the fruits of our economic growth. What are voters saying about park now that shes going to be their next president . Reporter theyve heard her make promise after promise like she made thursday and throughout her campaign. They want her to improve the economy and narrow the widening gap between the rich and poor. Translator i expect the new president to revive the economy and keep her promise to improve our lives. Translator i hope the new government will do a lot to boost employment since its been a tough time for young people. I want park to keep her promises. Kaho, every south korean president takes office with a big north korea file on their desk. Its a difficult issue. What stance will park take toward her neighbor . Reporter she needs to balance competing visions. Some South Koreans want to be tough with the north. Others favor reconciliation. Park says it is her mission to ease tensions and maintain security. She refers to last weeks launch, which north korean officials said used a rocket to send a satellite into orbit and other nations called a Ballistic Missile test. Translator north koreas Missile Launch was a symbolic act that showed us how serious our security situation is. We will begin a new era for our country with a Strong Security system and trusted foreign policy. I will keep my promise to the people. Reporter park spent part of this day exchanging views with ambassadors from japan, the u. S. , china and russia. She has already started moving to form her government. Shell meet with members of the present administration to go over issues. A transfer commission will finalize her policies. Then in february shell officially become the first woman in south korea to be president. Voters in south korea thought about the power of conglomerates when they cast ballots. Many are frustrated that the big business blocks are elbowing out small and mediumsize companies. They want their next president to level the playing field. Well take a more indepth look into that issue on friday. Japans next leader has been dialing up the pressure on central bankers. He says they need to do more to shore up the economy. Officials at the bank of japan emerged from two days of meeting and agreed to pump money into the economy for the fifth time this year. Policymakers decided to add 10 trillion yen or 120 billion to the banks assetbuying program. They plan to add 60 billion to buy up longterm government bonds. They will spend another 60 billion on shortterm bonds. The move will provide more liquidity to financial markets. Policymakers downgraded their assessment of the economy. In their words, it is weakening further. They cited a drop in industrial output and exports due to the slowdown in europe and soured relations between japan and china. They also referred to the banks latest tankan survey, showing Business Sentiment among major manufacturers falling to the worst level in almost three years. Incoming leader shinzo abe met bank of japan governor on tuesday. He said he wants to set an inflation target of 2 . Policy makers decided to discuss the inflation target in their next meeting scheduled for next month. After the meeting shirakawa stressed the Board Members will discuss at length abes demands. Translator we will spend the next month preparing for the discussions. I hope we will reach a conclusion at the next policy meeting in january. There is no final decision at this point. Abe gave a cautious comment on the bank of japans decision. Translator the central bank is putting into practice one by one what we campaigned for in the lower house election. I hope to see a good outcome from these moves before the upcoming upper house election. We work hard so people wont vote against our party as they did to the Democratic Party in the recent general election. Abe may not be completely satisfied with the bojs decision. Apparently he thinks the central bank can do more. Nhk worlds raiko asked the professor at a university for his insight on what the boj might decide in the near future and what the economic challenges are for the incoming administration. Reporter they think the bank of japan might act more aggressively, such as setting an inflation target in the upcoming meetings. Thats just what the new political leader abe is asking for, but he warns that it might not be a Silver Bullet to cure the economy when the country has such a huge debt. The board is instructing the staff to come up with a new inflation target, to say inflation framework for the policy. So they may change the current framework of the inflation objectives. To say 2 . Thats a possibility. At the same time, it may have a side effect. Longterm Interest Rates may rise because people expect the inflation rate tends to be higher in the long run. Reporter he thinks that a balanced and well thought out action plan is necessary to get out of deflation. We have to get out, but in order to get out you have to raise taxes. Also, avoiding the weak economy. So you have to have the right policy mix to gradually increase taxes and at the same time, use part of the revenue to stimulate the economy. But the net effect has to be declining budget deficit. So you need this policy mix, increasing taxes and then use part of tax to stimulate the economy, but cut the budget deficit. That is a very delicate balance. Reporter are there other Growth Strategies that the administration can do . They can increase the growth of the japanese economy, the growth rate of the japanese economy, we have to increase the population, working age population. Now working age population is declining by about 1 per year. So even if we can achieve more productivity growth higher than the United States. Achievable trend growth rate is only 0. 5 . You have to increase the growth rate to stimulate the economy, we have to get more migration. Thousands of people waiting to go home. Tons of debris, waiting for disposal. Vast tracks of land waiting to be restored. Overcoming the challenges of japans 2011 disaster wont be easyheeasy but stepbystep, p going forward, find out on the road ahead every wednesday at 1 00 p. M. Japan time right here on newsline. Experts are looking at their surveys of the countrys power plants and they dont like what they see. Theyve been checking the ground beneath a handful of facilities for signs of earthquake vulnerability. They say active seismic faults could run beneath part of a plant in north japan. Nra met to evaluate the results of a survey they carried out this month at the higashidori nuclear plant. They said they cant accept the operators contention that groundwater caused a shift in the layers of the earth. The experts will hear from representatives of the Electric Company next week and then reach their conclusion. The operator wont have to scrap the reactors even if the nra determines the faults are active. No Key Facilities sit on the faults. But the utility will have to review the plants earthquake resistant measures which could delay the resumption of operations. Translator the projected Earthquake Movement will be quite different since the present projection does not consider the existence of active faults in the compound. Earlier i spoke with a reporter for his insight. These plants have been operating for quite a number of years. Why are we only learning of these issues today . People in japan have been concerned about the stability of the earth beneath Nuclear Plants since the quake and tsunami last year triggered the accident in fukushima. Teams with regulators that preceded the nra inspected the cracks under nine plants. The inspector involving that probe said regulators didnt have clear evidence so they couldnt say the cracks are active faults. But the situation has changed since the government launched the nra. The nras chair believes faults should be judged as active if inspectors have enough evidence to raise doubts about the stability. Now, how widespread are these inspections . Yes, gene, nra is looking at 6 of japans 17 commercial Nuclear Plants and one major Testing Nuclear plant. Nras chair says all of them should be checked. Higashidori is the third one to come under question. Nra inspectors looked at the ohi plant in central japan. They ordered its operator to conduct an additional probe saying cracks below the plant could be active faults. The inspectors then turned their attention to another plant which is close to ohi. They concluded cracks beneath it are highly likely active faults, and that one of them runs right below a reactor. What happens once they make that conclusion . Thats a great question. Japanese law prohibits the key Nuclear Facilities on faults so in theory, the two plants should be scrapped. But Plant Operator dispute that conclusion. The problem is, there are no laws or guidelines dictating the process for shutting down the reactors that sit on active faults. Existing law states its up to Plant Operators to decide whether or not to scrap the reactors. 48 of japans 50 commercial reactors are offline right now. The ongoing Democratic Partylike government said it wouldnt allow units determined unsafe by the nra to restart. But thats just a temporary policy. So things could change when the liberal democrats take over later this month. All right. Where does that leave the Nuclear Regulatory authority . Nra representatives tell us they only have the power to inspect and make reports and recommendations. Theyre revising their regulations right now. Theyre focusing on whether the standard clearly states any plants found to sit on active faults should be scrapped. And whether the government has the power to decide to shut down a facility found to be unsafe. A fleeting pier has been washed ashore in the u. S. State of washington. Apparently having drifted from japan after the massive tsunami hit the country in march of last year. A u. S. Coast guard helicopter spotted the ninemeter concrete pier on the shore of the olympic peninsula. Bad weather has prevented a close study. No signs or letters have been confirmed on the pier. A floating pier from japans northeastern prefecture was found on the oregon coast in june. It was later demolished by the state government. Japans Environment Ministry says ocean currents are likely to deliver 33,000 tons of tsunami debris to the Pacific Coast of north america by june of next year. International organizations are denouncing a tax on Health Workers in pakistan this week. The violence put a halt to vaccine work in the country. Our reporter in bangkok has more. Gunmen shot and killed 12 members of polio vaccination teams in separate incidents around pakistan this week. The United Nations is protecting Staff Members in the country by taking them off duty. The u. N. Has responded to the attacks. The killing of Health Workers in pakistan were cruel, senseless and inexcusable acts that i condemn in the strongest of terms. Those killed were among thousands across pakistan, especially women who are working selflessly. The World Health Organization is also speaking out against the violence, saying it is depriving the population of potentially lifesaving health care. Irrespective of the circumstances of the situation, attacks on Health Workers, Health Facilities or Health Services are completely unacceptable. Women Health Workers held protests in the Southern City of karachi and in the capital islamabad. They are demanding that authorities provide them with protection to accomplish their goal of ending polio. Pakistan is one of only three countries in the world where the disease is still endemic. It is not yet known who is behind the multiple attacks. The Pakistani Taliban has long opposed vaccinations saying they are a plot to sterilize muslims. However, they have spoken out against such myths. There are also accusations that immunization campaigns are cover for spies. Following the death of Osama Bin Laden it emerged that the United States had used a pakistani medical team to gather intelligence on the al qaeda leader. The shooting of pakistani teenager an outspoken advocate of womens right to education has received global attention. Her courage inspired many. Attacks by muslim militants continue as does public anxiety. Many are fearful for showing support for the shooting victim. Nhk world reports. Reporter the 15yearold student was shot by the Pakistani Taliban in october after championing girls rights to education. She was critically wounded but is currently recovering in a foreign medical treatment in england. Malala is from northwestern pakistan, a womens Junior College in the region named themselves after the teenager shortly after the shooting. The name change was to emphasize the importance of womens education. But students have held massive protests at the school this month. They say the new name increases their risk of militant attacks. College officials decided this week to reinstate the colleges former name for the time being. The School Officials want to consult with local authorities about what to do next. Following the shooting in october, the pakistani government was ready to work harder to improve womens education in the country. It has also called for International Support to achieve its goal. Muslim insurgents are attacking schools in northwestern pakistan. Many girls go to school fearing they will be targeted next. And that wraps up our bulletin for today. Im Cholaphansa Narula in bangkok. Chinese police are arresting cult members for spreading doomsday rumors and the countrys media is busy refuting the idea that world will end on friday, december 21st. The peoples daily reported that rumors have no scientific basis. The beijing times said on the weather page that a strong cold snapple grip the country over the weekend but that this has nothing to do with the world ending. U. S. And chinese trade officials discussed mutual concerns at a high level bilateral meeting held annually. China wants the u. S. To stop restrictions on Foreign Investments and the u. S. Is urging china not to violate intellectual property rights. The trade issues were discussed at the 23rd session at the u. S. Joint session in washington. U. S. Trade representative ron kirk and chinese vice premier were among those at the twoday meeting that ended on wednesday. At a News Conference after the meeting, officials from china pointed out that the u. S. Is blocking chinese investments in the country due to national security. They said they will watch how the u. S. Addresses the issue. But asked for modifications. Kirk said a major advance was made in the meeting, but u. S. Officials addressed concerns about widespread piracy and Counterfeit Software in china. Officials said they will check in china takes measures to improve its intellectual property protection. This is the first trade meeting after president barack obama was reelected for a second term and ping succeeding as the new communist party leader. Japanese government officials have asked counterparts to have intergovernmental talks. Thats on chinas extra tariffs on the imports of steel tubes from japan. Japan argue thats china imposed antidocking tariffs on a seamless stain else steel tubes without prior explanation to japan in violation of World Trade Organization rules. The tubes are widely used at power stations. The two governments are expected to hold talks soon. If they fail to reach an agreement within 60 days, japan will ask the World Trade Organization to set up a panel to handle the dispute. The japanese Officials Say they hope the move will discourage china from imposing extra duties on other imports from japan. Warmer temperatures ahead. Our meteorologist is here with the details. Robert . Well, things are clearing up much across japan now, actually. The light showers here along the east coast really are just