Which of the Following Statements About the Middle Class in Emerging

Which of the following statements about the middle class in emerging economies is NOT correct?

A) Two thirds of the world's middle class is predicted to be in Asia by 2030.
B) Estimates suggest that 70 percent of world growth over the next few years will come from already developed countries.
C) Many countries such as China and India have become less suspicious of foreign investment and free trade, thus fostering vigorous globalization.
D) Once known only for cheap labour, many countries with emerging economies are now seen as promising markets.