But a bigger wave is on the horizon, and it cuts across all loan types.

但一波更大的冲击正蓄势而来，那将横扫整个贷款市场。

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There's a wave of powerful new competitors on the horizon who can price their goods and services at startlingly low levels.

市场上即将出现一批强大的新竞争对手——它们商品和服务的价格可以低到令人吃惊的水平。

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The sky wave over the horizon radar (OTHR) is a new mechanism in which the ionosphere is used as a mirror to reflect the radar high frequency signal to detect the target.

高频天波超视距雷达所独有距离多跳现象，使得位于雷达威力覆盖范围以远的杂波通过地面与电离层的多次反射进入到雷达的接收阵列。

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China has built several sky-wave based Over-the-Horizon radar stations that for the first time allow the PLA to monitor continuously U.S. Navy ship movements hundred miles out in the Western Pacific.

CENTERFORSECURITYPOLICY: China's one world?

Nevertheless, one was hard-pressed to find someone at the Bloomberg state and municipal finance conference in New York on Tuesday who would speculate that a wave of defaults was even on the horizon.

FORBES: A Wave Of Muni Defaults? Not Gonna Happen