----

----

|  | [X] | QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES                  EXCHANGE ACT OF 1934 |
|--|-----|---------------------------------------------------------------------------------------------------------------------------|

|  | [                    ] | TRANSITION                    REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES                    EXCHANGE ACT OF 1934 |
|--|----------------------------------|--------------------------------------------------------------------------------------------------------------------------------|

| Utah                                                                            | 81                  - 0674073                         |
|---------------------------------------------------------------------------------|-------------------------------------------------------|
| (State                  or other jurisdiction of incorporation or organization) | (I.R.S.                  Employer Identification No.) |

| 175                  East 400 South Suite 900, Salt Lake City, Utah | 84111                       |
|---------------------------------------------------------------------|-----------------------------|
| (Address                  of principal executive offices)           | (Zip                  Code) |

----

**SCRAP        CHINA CORPORATION**

**FORM        10-QSB**

**QUARTER        ENDED September 30, 2005**

**TABLE        OF CONTENTS**

|                                                                                                                                           |                                                                                                            | **Page** |
|------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|----------|
| **PART                  I- FINANCIAL INFORMATION**                                                                                             |                                                                                                            |
|                                                                                                                                           |                                                                                                            |     |
| Item                  1.                                                                                                                       | Financial                  Statements                                                                           |     |
|                                                                                                                                           |                                                                                                            |     |
| Condensed                  Balance Sheets - September 30, 2005 and June 30, 2005                  (Unaudited)                                  | 3                                                                                                               |
|                                                                                                                                           |                                                                                                            |     |
| Condensed                  Statements of Operations for the Three Months Ended September 30,                  2005                             |                                                                                                            |
| and                  for the period June 15, 2005 (date of inception) through September                  30,                  2005 (Unaudited) | 3                                                                                                               |
|                                                                                                                                           |                                                                                                            |     |
| Condensed                  Statements of Cash Flows for the Three Months Ended September 30,                  2005                             |                                                                                                            |
| and                  for the period June 15, 2005 (date of inception) through September                  30,                  2005 (Unaudited) | 4                                                                                                               |
|                                                                                                                                           |                                                                                                            |     |
|  Notes                  to Condensed Financial Statements                                                                                 | 5                                                                                                               |
|                                                                                                                                           |                                                                                                            |     |
| Item                  2                                                                                                                        | Management’s                  Discussion and Analysis                                                     | 6        |
|                                                                                                                                           |                                                                                                            |     |
| Item                  3.                                                                                                                       | Controls                  and Procedures                                                                        | 7        |
|                                                                                                                                           |                                                                                                            |     |
| **PART                  II**                                                                                                                   | **OTHER                  INFORMATION**                                                                          |     |
|                                                                                                                                           |                                                                                                            |     |
| Item                  1.                                                                                                                       | Legal                  Proceedings                                                                              | 7        |
|                                                                                                                                           |                                                                                                            |     |
| Item                  2.                                                                                                                       | Changes                  in Securities and Small Business Issuer Purchase of Equity                  Securities | 7        |
|                                                                                                                                           |                                                                                                            |     |
| Item                  3.                                                                                                                       | Default                  Upon Senior Securities                                                                 | 7        |
|                                                                                                                                           |                                                                                                            |     |
| Item                  4.                                                                                                                       | Submission                  of Matters to a Vote of Security Holders                                            | 7        |
|                                                                                                                                           |                                                                                                            |     |
| Item                  5.                                                                                                                       | Other                  Information                                                                              | 7        |
|                                                                                                                                           |                                                                                                            |     |
| Item                  6.                                                                                                                       | Exhibits                  and Reports on Form 8-K                                                               | 8        |
|                                                                                                                                           |                                                                                                            |     |
| Signatures                                                                                                                                     | 9                                                                                                               |

----

**PART        I - FINANCIAL INFORMATION**

| **ITEM                1.** | **FINANCIAL                  STATEMENTS** |
|----------------------------|-------------------------------------------|

| **SCRAP                  CHINA CORPORATION**                                                                                   |   |                               |    |
|--------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|---------|
| **CONDENSED                  BALANCE SHEETS**                                                                                  |   |                               |    |
| **(UNAUDITED)**                                                                                                                |   |                               |    |   |   |
|                                                                                                                           |   | **September                  30,** |    | **June                  30,** |   |
|                                                                                                                           |   | **2005**                           |    | **2005** |   |
| **ASSETS**                                                                                                                     |   |                               |    |   |   |
| **Current                  Assets**                                                                                            |   |                               |    |   |   |
| Cash                                                                                                                           |   | $                                  | 168     |   | $ | 168 |   |
| Prepaid                  expenses                                                                                              |   |                               | -       |   |   | 4,000 |   |
|                                                                                                                           |   |                               |    |   |   |   |   |
| **Total                  Assets**                                                                                              |   | $                                  | 168     |   | $ | 4,168 |   |
|                                                                                                                           |   |                               |    |   |   |   |   |
| **LIABILITIES                  AND STOCKHOLDER'S EQUITY/(DEFICIT)**                                                            |   |                               |    |   |   |   |   |
| **Current                  Liabilities**                                                                                       |   |                               |    |   |   |   |   |
| Accrued                  liabilities                                                                                           |   | $                                  | 2,500   |   | $ | 3,500 |   |
| Payable                  to related party                                                                                      |   |                               | 34,305  |   |   | - |   |
|                                                                                                                           |   |                               |    |   |   |   |   |
| **Total                  Current Liabilities**                                                                                 |   |                               | 36,805  |   |   | 3,500 |   |
|                                                                                                                           |   |                               |    |   |   |   |   |
| **Stockholder's                  Equity/(Deficit)**                                                                            |   |                               |    |   |   |   |   |
| Common                    shares - 250,000,000 shares authorized; 10,000,000 shares issued                    and outstanding, |   |                               | 10,000  |   |   | 10,000 |   |
| Accumulated                  deficit                                                                                           |   |                               | (46,637 | ) |   | (9,332 | ) |
|                                                                                                                           |   |                               |    |   |   |   |   |
| **Total                  Stockholder's Equity/(Deficit)**                                                                      |   |                               | (36,637 | ) |   | 668 |   |
|                                                                                                                           |   |                               |    |   |   |   |   |
| **Total                  Liabilities and Stockholder's Equity/(Deficit)**                                                      |   | $                                  | 168     |   | $ | 4,168 |   |

| **SCRAP                  CHINA CORPORATION**                    |   |                               |       |                                     |   |
|-----------------------------------------------------------------|--------|------------------------------------|------------|------------------------------------------|--------|
| **CONDENSED                  STATEMENTS OF OPERATIONS**         |   |                               |       |                                     |   |
| **(UNAUDITED)**                                                 |   |                               |       |                                     |   |
|                                                            |   |                               |       | **For                  the period**      |   |
|                                                            |   |                               |       | **June                  15, 2005**       |   |
|                                                            |   | **For                  the three** |       | **(date                  of inception)** |   |
|                                                            |   | **months                  ended**  |       | **through**                              |   |
|                                                            |   | **September                  30,** |       | **September                  30,**       |   |
|                                                            |   | **2005**                           |       | **2005**                                 |   |
| **Sales**                                                       |   | $                                  | -          |                                     | $      | - |   |
|                                                            |   |                               |       |                                     |   |   |   |
| **Operating                  Expenses**                         |   |                               |       |                                     |   |   |   |
| Selling,                  general and administrative expenses   |   |                               | 37,305     |                                     |   | 46,637 |   |
|                                                            |   |                               |       |                                     |   |   |   |
| **Total                  Operating Expenses**                   |   |                               | 37,305     |                                     |   | 46,637 |   |
|                                                            |   |                               |       |                                     |   |   |   |
| **Net                  Loss**                                   |   | $                                  | (37,305    | )                                        | $      | (46,637 | ) |
|                                                            |   |                               |       |                                     |   |   |   |
| **Basic                  and Diluted Net Loss per Share**       |   | $                                  | -          |                                     | $      | - |   |
|                                                            |   |                               |       |                                     |   |   |   |
| **Weighted-Average                  Common Shares Outstanding** |   |                               | 10,000,000 |                                     |   | 10,000,000 |   |

----

| **SCRAP                  CHINA CORPORATION**                     |   |                               |    |                                     |   |
|------------------------------------------------------------------|--------|------------------------------------|---------|------------------------------------------|--------|
| **CONDENSED                  STATEMENTS OF CASH FLOWS**          |   |                               |    |                                     |   |
| **(UNAUDITED)**                                                  |   |                               |    |                                     |   |
|                                                             |   |                               |    | **For                  the period**      |   |
|                                                             |   |                               |    | **June                  15, 2005**       |   |
|                                                             |   | **For                  the three** |    | **(date                  of inception)** |   |
|                                                             |   | **months                  ended**  |    | **through**                              |   |
|                                                             |   | **September                  30,** |    | **September                  30,**       |   |
|                                                             |   | **2005**                           |    | **2005**                                 |   |
|                                                             |   |                               |    |                                     |   |
| **Cash                  Flows From Operating Activities:**       |   |                               |    |                                     |   |
| Net                  loss                                        |   | $                                  | (37,305 | )                                        | $      | (46,637 | ) |
| Changes                  in assets and liabilities:              |   |                               |    |                                     |   |   |   |
| Prepaid                  expenses                                |   |                               | 4,000   |                                     |   | - |   |
| Accrued                  liabilities                             |   |                               | (1,000  | )                                        |   | 2,500 |   |
| Payment                  of operating expense by a related party |   |                               | 34,305  |                                     |   | 34,305 |   |
|                                                             |   |                               |    |                                     |   |   |   |
| **Net                  Cash (Used In) Operating Activities**     |   |                               | -       |                                     |   | (9,832 | ) |
|                                                             |   |                               |    |                                     |   |   |   |
| **Cash                  Flows From Investing Activities:**       |   |                               | -       |                                     |   | - |   |
|                                                             |   |                               |    |                                     |   |   |   |
| **Cash                  Flows From Financing Activities:**       |   |                               |    |                                     |   |   |   |
| Proceeds                  from sale of common stock              |   |                               | -       |                                     |   | 10,000 |   |
|                                                             |   |                               |    |                                     |   |   |   |
| **Net                  Cash Provided By Financing Activities**   |   |                               | -       |                                     |   | 10,000 |   |
|                                                             |   |                               |    |                                     |   |   |   |
| **Net                  Change in Cash**                          |   |                               | -       |                                     |   | 168 |   |
|                                                             |   |                               |    |                                     |   |   |   |
| **Cash                  at Beginning of Period**                 |   |                               | 168     |                                     |   | - |   |
|                                                             |   |                               |    |                                     |   |   |   |
| **Cash                  at End of Period**                       |   | $                                  | 168     |                                     | $      | 168 |   |

----

**SCRAP        CHINA CORPORATION**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**

**(UNAUDITED)**

**NOTE        1-ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES**

**Organization        and Nature of Operations**
***—***

**Basis        of Presentation —**

**Business        Condition**
*** ***

**NOTE        2-PAYABLE TO RELATED PARTY**

----

| **ITEM                2.** | **MANAGEMENT’S                  DISCUSSION AND ANALYSIS OR PLAN OF                  OPERATIONS** |
|----------------------------|--------------------------------------------------------------------------------------------------------|

**Plan        of Operation**

|  | 1. | General                  Administration for Quality Supervision, Inspection and Quarantine                  -                  AQSIQ |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------|

|  | 2. | Compulsory                  Certificate - CCC |
|--|----|-----------------------------------------------|

----

**Off-Balance        Sheet Arrangements**

| **ITEM                3.** | **CONTROLS                  AND PROCEDURES** |
|----------------------------|----------------------------------------------|

**PART        II - OTHER INFORMATION**

| **ITEM                1.** | **LEGAL                  PROCEEDINGS** |
|----------------------------|----------------------------------------|

| **ITEM                2.** | **CHANGES                  IN SECURITIES AND SMALL BUSINESS ISSUER PURCHASE OF EQUITY                  SECURITIES** |
|----------------------------|---------------------------------------------------------------------------------------------------------------------|

| **ITEM                3.** | **DEFAULT                  UPON SENIOR SECURITIES** |
|----------------------------|-----------------------------------------------------|

| **ITEM                4.** | **SUBMISSION                  OF MATTERS TO A VOTE OF SECURITY                  HOLDERS** |
|----------------------------|-------------------------------------------------------------------------------------------|

| **ITEM                5.** | **OTHER                  INFORMATION** |
|----------------------------|----------------------------------------|

----

| **ITEM                6.** | **EXHIBITS                  AND REPORTS ON FORM 8-K** |
|----------------------------|-------------------------------------------------------|

**Index        to Exhibits**

| Exhibit                  3.1  | -      | Articles                  of Incorporation (1)                                                                                                                                                  |
|-------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                          |   |                                                                                                                                                                                            |
| Exhibit                  20   | -      | Resolution                  of Board of directors re Acquisition of Shares (1)                                                                                                                  |
|                          |   |                                                                                                                                                                                            |
| Exhibit                  31.1 | -      | Certification                  of the Chief Executive Officer pursuant to Section 302 of the                  Sarbanes-Oxley Act of 2002                                                        |
|                          |   |                                                                                                                                                                                            |
| Exhibit                  31.2 | -      | Certification                  of the Chief Financial Officer pursuant to Section 302 of the                  Sarbanes-Oxley Act of 2002                                                        |
|                          |   |                                                                                                                                                                                            |
| Exhibit                  32.1 | -      | Certification                  of Chief Executive Officer pursuant to U.S.C Section 1350 as adopted                  pursuant to Section 906 of the Sarbanes-Oxley Act of                  2002 |
|                          |   |                                                                                                                                                                                            |
| Exhibit                  32.2 | -      | Certification                  of Chief Financial Officer pursuant to U.S.C Section 1350 as adopted                  pursuant to Section 906 of the Sarbanes-Oxley Act of                  2002 |
|                          |   |                                                                                                                                                                                            |

| (1) | Incorporated                  by reference herein filed as exhibits to the Company's Registration                  Statement on Form 10SB previously filed with the SEC on August                  18, 2005,                  and subsequent amendments made                  thereto. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Reports        on Form 8-K**

----

**SIGNATURES**

|                              | Scrap                  China Corporation                                                                                                                                                                                                                                                                |
|-----------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                              |                                                                                                                                                                                                                                                                                                    |
|                              |                                                                                                                                                                                                                                                                                                    |
|                              |                                                                                                                                                                                                                                                                                                    |
| November                  1, 2005 | /s/                  Paul                  Roszel                                          |
|                              | Paul                  Roszel, President andChairman                  of the Board of Directors                                                                                                                                                                                                          |
|                              |                                                                                                                                                                                                                                                                                                    |
|                              |                                                                                                                                                                                                                                                                                                    |
|                              |                                                                                                                                                                                                                                                                                                    |
|                              |                                                                                                                                                                                                                                                                                                    |
|                              |                                                                                                                                                                                                                                                                                                    |
| November                  1, 2005 | /s/                  Richard                  Ivanovick                                                                                      |
|                              | Richard                  Ivanovick, C.A., Chief Financialand                  Accounting Officer                                                                                                                                                                                                        |
|                              |                                                                                                                                                                                                                                                                                                    |
|                              |                                                                                                                                                                                                                                                                                                    |

----