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|  | [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 THESECURITIES 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) |
|                                                                |                        |
|  801-531-0404                                             |
|   (Issuer's                  telephone number)            |

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**SCRAP        CHINA CORPORATION**

**FORM        10-QSB**

**TABLE        OF CONTENTS**

|                                                                                                                                                                                                                                                                  |                                                                             | **Page** |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------|----------|
| **PART                  I - FINANCIAL INFORMATION**                                                                                                                                                                                                                   |                                                                             |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Item                  1.                                                                                                                                                                                                                                              | Financial                  Statements                                            |     |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Condensed                  Balance Sheets - March 31, 2006 and June 30, 2005                  (Unaudited)                                                                                                                                                             | 3                                                                                |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Condensed                  Statements of Operations for the Three and Nine Months Ended March                  31,                  2006 and for the period June 15, 2005 (date of inception) through                  December                  31, 2005 (Unaudited) | 4                                                                                |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Condensed                  Statements of Cash Flows for the Nine Months Ended March 31, 2006                  and for                  the Period From June 15, 2005 (date of inception) through March                  31, 2006                  (Unaudited)         | 4                                                                                |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Notes                  to Condensed Financial Statements (Unaudited)                                                                                                                                                                                                  | 5                                                                                |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Item                  2.                                                                                                                                                                                                                                              | Management’s                  Discussion and Analysis or Plan of Operation | 6        |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Item                  3.                                                                                                                                                                                                                                              | Controls                  and Procedures                                         | 6        |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| **PART                  II - OTHER INFORMATION**                                                                                                                                                                                                                      |                                                                             |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Item                  1.                                                                                                                                                                                                                                              | Legal                  Proceedings                                               | 7        |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Item                  2.                                                                                                                                                                                                                                              | Unregistered                  Sales of Equity Securities and Use of Proceeds     | 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                                | 7        |
|                                                                                                                                                                                                                                                                  |                                                                             |     |
| Signatures                                                                                                                                                                                                                                                            | 8                                                                                |

----

**PART        I - FINANCIAL INFORMATION**

**ITEM        1. FINANCIAL STATEMENTS**

| **SCRAP                  CHINA CORPORATION**                                                                                                                           |   |                           |    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|---------|
| **(A                  Development Stage Company)**                                                                                                                     |   |                           |    |   |   |
| **CONDENSED                  BALANCE SHEETS**                                                                                                                          |   |                           |    |
| **(UNAUDITED)**                                                                                                                                                        |   |                           |    |   |   |
|                                                                                                                                                                   |   | **March                  31,** |    | **June                  30,** |   |
|                                                                                                                                                                   |   | **2006**                       |    | **2005** |   |
| **ASSETS**                                                                                                                                                             |   |                           |    |   |   |
| **Current                  Assets**                                                                                                                                    |   |                           |    |   |   |
| Cash                                                                                                                                                                   |   | $                              | 468     |   | $ | 168 |   |
| Prepaid                  expenses                                                                                                                                      |   |                           | -       |   |   | 4,000 |   |
|                                                                                                                                                                   |   |                           |    |   |   |   |   |
| **Total                  Assets**                                                                                                                                      |   | $                              | 468     |   | $ | 4,168 |   |
|                                                                                                                                                                   |   |                           |    |   |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' EQUITY/(DEFICIT)**                                                                                                    |   |                           |    |   |   |   |   |
| **Current                  Liabilities**                                                                                                                               |   |                           |    |   |   |   |   |
| Accrued                  liabilities                                                                                                                                   |   | $                              | 4,230   |   | $ | 3,500 |   |
| Advances                  from related party                                                                                                                           |   |                           | 64,910  |   |   | - |   |
|                                                                                                                                                                   |   |                           |    |   |   |   |   |
| **Total                  Current Liabilities**                                                                                                                         |   |                           | 69,140  |   |   | 3,500 |   |
|                                                                                                                                                                   |   |                           |    |   |   |   |   |
| **Stockholders'                  Equity/(Deficit)**                                                                                                                    |   |                           |    |   |   |   |   |
| Common                  shares - 250,000,000 shares authorized; 7,710,836 and 10,000,000                  shares                  issued and outstanding, respectively |   |                           | 10,000  |   |   | 10,000 |   |
| Accumulated                  deficit                                                                                                                                   |   |                           | (78,672 | ) |   | (9,332 | ) |
|                                                                                                                                                                   |   |                           |    |   |   |   |   |
| **Total                  Stockholders' Equity/(Deficit)**                                                                                                              |   |                           | (68,672 | ) |   | 668 |   |
|                                                                                                                                                                   |   |                           |    |   |   |   |   |
| **Total                  Liabilities and Stockholders' Equity/(Deficit)**                                                                                              |   | $                              | 468     |   | $ | 4,168 |   |

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| **SCRAP                  CHINA CORPORATION**                    |   |                                            |      |                                           |   |                                                                             |   |
|-----------------------------------------------------------------|--------|-------------------------------------------------|-----------|------------------------------------------------|--------|----------------------------------------------------------------------------------|--------|
| **(A                  Development Stage Company)**              |   |                                            |      |                                           |   |                                                                             |   |
| **CONDENSED                  STATEMENTS OF OPERATIONS**         |   |                                            |      |                                           |   |                                                                             |   |
| **(UNAUDITED)**                                                 |   |                                            |      |                                           |   |                                                                             |   |
|                                                            |   |                                            |      |                                           |   |                                                                             |   |
|                                                            |   | **For                  the three months ended** |      | **For                  the nine months ended** |   | **For                  the period June 15, 2005 (date of inception)****through** |   |
|                                                            |   | **March                  31,**                  |      | **March                  31,**                 |   | **March                  31,**                                                   |   |
|                                                            |   | **2006**                                        |      | **2006**                                       |   | **2006**                                                                         |   |
| **Sales**                                                       |   | $                                               | -         |                                           | $      | -                                                                                |   | $ | - |   |
|                                                            |   |                                            |      |                                           |   |                                                                             |   |   |   |   |
| **Operating                  Expenses**                         |   |                                            |      |                                           |   |                                                                             |   |   |   |   |
| Selling,                  general and administrative expenses   |   |                                            | 14,542    |                                           |   | 69,340                                                                           |   |   | 78,672 |   |
|                                                            |   |                                            |      |                                           |   |                                                                             |   |   |   |   |
| **Total                  Operating Expenses**                   |   |                                            | 14,542    |                                           |   | 69,340                                                                           |   |   | 78,672 |   |
|                                                            |   |                                            |      |                                           |   |                                                                             |   |   |   |   |
| **Net                  Loss**                                   |   | $                                               | (14,542   | )                                              | $      | (69,340                                                                          | )      | $ | (78,672 | ) |
|                                                            |   |                                            |      |                                           |   |                                                                             |   |   |   |   |
| **Basic                  and Diluted Net Loss per Share**       |   | $                                               | -         |                                           | $      | -                                                                                |   |   |   |   |
|                                                            |   |                                            |      |                                           |   |                                                                             |   |   |   |   |
| **Weighted-Average                  Common Shares Outstanding** |   |                                            | 9,044,085 |                                           |   | 9,677,821                                                                        |   |   |   |   |

| **SCRAP                  CHINA CORPORATION**                   |   |                                           |    |                                                                             |   |
|----------------------------------------------------------------|--------|------------------------------------------------|---------|----------------------------------------------------------------------------------|--------|
| **(A                  Development Stage Company)**             |   |                                           |    |                                                                             |   |
| **CONDENSED                  STATEMENTS OF CASH FLOWS**        |   |                                           |    |                                                                             |   |
| **(UNAUDITED)**                                                |   |                                           |    |                                                                             |   |
|                                                           |   |                                           |    |                                                                             |   |
|                                                           |   | **For                  the nine months ended** |    | **For                  the period June 15, 2005 (date of inception)****through** |   |
|                                                           |   | **March                  31,**                 |    | **March                  31,**                                                   |   |
|                                                           |   | **2006**                                       |    | **2006**                                                                         |   |
| **Cash                  Flows From Operating Activities:**     |   |                                           |    |                                                                             |   |
| Net                  loss                                      |   | $                                              | (69,340 | )                                                                                | $      | (78,678 | ) |
| Changes                  in assets and liabilities:            |   |                                           |    |                                                                             |   |   |   |
| Accrued                  liabilities                           |   |                                           | 4,730   |                                                                             |   | 4,230 |   |
|                                                           |   |                                           |    |                                                                             |   |   |   |
| **Net                  Cash (Used In) Operating Activities**   |   |                                           | (64,610 | )                                                                                |   | (74,448 | ) |
|                                                           |   |                                           |    |                                                                             |   |   |   |
| **Cash                  Flows From Investing Activities:**     |   |                                           | -       |                                                                             |   | - |   |
|                                                           |   |                                           |    |                                                                             |   |   |   |
| **Cash                  Flows From Financing Activities:**     |   |                                           |    |                                                                             |   |   |   |
| Advances                  from related party                   |   |                                           | 64,910  |                                                                             |   | 64,910 |   |
| Proceeds                  from sale of common stock            |   |                                           | -       |                                                                             |   | 10,000 |   |
|                                                           |   |                                           |    |                                                                             |   |   |   |
| **Net                  Cash Provided By Financing Activities** |   |                                           | 64,910  |                                                                             |   | 74,910 |   |
|                                                           |   |                                           |    |                                                                             |   |   |   |
| **Net                  Change in Cash**                        |   |                                           | 300     |                                                                             |   | 468 |   |
|                                                           |   |                                           |    |                                                                             |   |   |   |
| **Cash                  at Beginning of Period**               |   |                                           | 168     |                                                                             |   | - |   |
|                                                           |   |                                           |    |                                                                             |   |   |   |
| **Cash                  at End of Period**                     |   | $                                              | 468     |                                                                             | $      | 468 |   |

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**SCRAP        CHINA CORPORATION**

**(A        Development Stage Company)**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**

**MARCH        31, 2006**

**(UNAUDITED)**

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

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

**Basis        of Presentation —**

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

**NOTE        2-ADVANCES FROM RELATED PARTY**

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**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**

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**PART        II - OTHER INFORMATION**

**ITEM        1:**
**LEGAL        PROCEEDINGS**

**ITEM        2.**
**UNREGISTERED        SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**

**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**

**Reports        on Form 8-K**

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**SIGNATURES**

|                            | Scrap                  China Corporation                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
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|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| April                  30, 2006 | /s/                  Paul                  Roszel                                                                   |
|                            | Paul                  Roszel, President and Chairman of theBoard                  of Directors                                                                                                                                                                                                                                                                                                                                                                |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| April                  30, 2006 | /s/                  Richard R                  Ivanovick                                                                                                                                 |
|                            | Richard                  R Ivanovick, C.A., Chief Financial andAccounting                  Officer                                                                                                                                                                                                                                                                                                                                                            |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |

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