Time magazine released its latest edition on Friday, declaring "China won" on its cover in both English and Chinese.

"Yes, Trump has more @TIME covers (even a fake one!). But here's one the President can't claim: the 1st ever TIME cover in two languages. #AmericaSecond?

Yes, Trump has more @TIME covers (even a fake one!).



But here's one the President can't claim: the 1st ever TIME cover in two languages. #AmericaSecond? pic.twitter.com/pPdMp8IWkc — ian bremmer (@ianbremmer) November 3, 2017

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The remark is in reference to Trump's framed copy of a fake Time magazine cover featuring him that was hung in five of his golf clubs, including one in Scotland.

"Donald Trump: The ‘Apprentice’ is a television smash!” the main headline said. It also read above the Time nameplate another headline: “TRUMP IS HITTING ON ALL FRONTS . . . EVEN TV!"

Time orders Trump Organization to remove fake magazines from golf clubs: https://t.co/Vbq7LpiwIO pic.twitter.com/GbxeIOsGgT — The Hill (@thehill) June 28, 2017

Time's latest cover story , titled "How China’s Economy Is Poised to Win the Future," comes as Trump embarks on a more than weeklong trip to Asia that includes stops in China, South Korea, Vietnam, the Philippines and Japan.

Bremmer concludes in the article that China is better positioned to lead the global economy.

"If you had to bet on one country that is best positioned today to extend its influence with partners and rivals alike, you wouldn’t be wise to back the U.S. The smart money would probably be on China," he writes.

Trump has often touted his close relationship with Chinese President Xi Jinping.

"I’ve become very, very close to President Xi of China," Trump told Fox's Laura Ingraham in an interview that aired Thursday night.

"I think a lot of good things are going to happen. I think it’s a very important trip. I think this is one of the more important trips that a president has made."