U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    Form 10-Q

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

    For the quarterly period ended March 31, 2008

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

    For the transition period from ____________ to _____________

                         Commission File No. 333-149000


                                Onyx China, Inc.
                 (Name of small business issuer in its charter)

           Nevada                                        98-0557091
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
 incorporation or organization)

                           Kvartal 60, dom 23 apt. 18
                             Angarsk, Russia 665830
                    (Address of principal executive offices)

                                 7-904-125-4225
                           (Issuer's telephone number)

Securities registered pursuant                             Name of each exchange
  Section 12(b) of the Act:                                 on which registered:
                                      None

          Securities registered pursuant to Section 12(g) of the Act:

                              Common Stock, $0.001
                                (Title of Class)

Indicate by checkmark whether the issuer: (1) has filed all reports required to
be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months
(or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days. Yes [X] No[ ]

Indicate by check mark whether the registrant is a large accelerated filed, an
accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer [ ]                        Accelerated filer [ ]
Non-accelerated filer [ ]                          Smaller reporting company [X]

Indicate by checkmark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

          Applicable Only to Issuer Involved in Bankruptcy Proceedings
                        During the Preceding Five Years.

                                       N/A

Indicate by checkmark whether the issuer has filed all documents and reports
required to be filed by Section 12, 13 and 15(d) of the Securities Exchange Act
of 1934 after the distribution of securities under a plan confirmed by a court.
Yes[ ] No[ ]

                    Applicable Only to Corporate Registrants

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the most practicable date:

      Class                                    Outstanding as of April 25, 2008
      -----                                    --------------------------------
Common Stock, $0.001                                       5,050,000
<PAGE>
                                ONYX CHINA, INC.

                                    FORM 10-Q

Part 1 FINANCIAL INFORMATION

Item 1    Financial Statements                                                3
             Balance Sheets
             Statements of Operations
             Statements of Cash Flows
             Notes to Financial Statements

Item 2.   Management's Discussion and Analysis of Financial Condition
          and Results of Operations                                          11

Item 3.   Quantitative and Qualitative Disclosures About Market Risk         14

Item 4.   Controls and Procedures                                            15

Part II. OTHER INFORMATION

Item 1    Legal Proceedings                                                  15

Item 2.   Unregistered Sales of Equity Securities and Use of Proceeds        15

Item 3    Defaults Upon Senior Securities                                    15

Item 4    Submission of Matters to a Vote of Security Holders                16

Item 5    Other Information                                                  16

Item 6    Exhibits                                                           16

                                       2
<PAGE>
                                     PART I

ITEM 1. FINANCIAL STATEMENTS

                                ONYX CHINA, INC.
                              FINANCIAL STATEMENTS
                                 MARCH 31, 2008
                                   (Unaudited)

ONYX CHINA INC
(A Development Stage Company)
Balance Sheet
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                        March 31,         December 31,
                                                                          2008               2007
                                                                        --------           --------
                                                                       (Unaudited)         (Audited)
<S>                                                                     <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                                  $ 18,922           $ 30,667
                                                                        --------           --------

TOTAL ASSETS                                                            $ 18,922           $ 30,667
                                                                        ========           ========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts payable and accrued liabilities                              $     --           $     --
                                                                        --------           --------

      TOTAL CURRENT LIABILITIES                                         $     --           $     --
                                                                        --------           --------

STOCKHOLDERS' EQUITY
  Common stock, $0.001par value, 75,000,000 shares authorized;
   5,050,000 shares issued and outstanding                              $  5,050           $  5,050
  Additional paid-in-capital                                              27,550             27,550
  Deficit accumulated during the development stage                       (13,678)            (1,933)
                                                                        --------           --------

      TOTAL STOCKHOLDERS' EQUITY                                          18,922             30,667
                                                                        --------           --------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                              $ 18,922           $ 30,667
                                                                        ========           ========
</TABLE>


                 See Accompanying Notes to Financial Statements

                                       3
<PAGE>
ONYX CHINA INC
(A Development Stage Company)
Statements of Operations
(Unaudited)
--------------------------------------------------------------------------------


                                             Three             From Inception on
                                          Months Ended         March 27, 2007 to
                                            March 31,              March 31,
                                              2008                   2008
                                           ----------             ----------
Expenses
  General and Administrative Expenses      $   11,745             $   13,678
                                           ----------             ----------

Net (loss)                                 $  (11,745)            $  (13,678)
                                           ==========             ==========

(LOSS) PER SHARE - BASIC AND DILUTED       $    (0.00)            $    (0.00)
                                           ==========             ==========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING                  5,050,000
                                           ==========


                 See Accompanying Notes to Financial Statements

                                       4
<PAGE>
ONYX CHINA INC
(A Development Stage Company)
Statement of Stockholders' Equity
From Inception on March 27, 2007 to March 31, 2008
(Unaudited)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                         Deficit
                                                                                        Accumulated
                                                Number of                Additional       During
                                                 Common                   Paid-in      Development
                                                 Shares      Amount       Capital         Stage         Total
                                                 ------      ------       -------         -----         -----
<S>                                            <C>           <C>          <C>           <C>            <C>
April 20, 2007
Common shares issued for cash at $0.002        3,000,000     $ 3,000      $  3,000      $      --      $  6,000

May 8, 2007
Common shares issued for cash at $0.002          800,000         800           800             --         1,600

May 16, 2007
Common shares issued for cash at $0.02         1,250,000       1,250        23,750         25,000

Net loss                                              --          --            --         (1,933)       (1,933)
                                               ---------     -------      --------      ---------      --------

Balance as of December 31, 2007                5,050,000       5,050        27,550         (1,933)       30,667

Net Loss                                              --          --            --        (11,745)      (11,745)
                                               ---------     -------      --------      ---------      --------

Balance as of March 31, 2008                   5,050,000     $ 5,050      $ 27,550      $ (13,678)     $ 18,922
                                               =========     =======      ========      =========      ========
</TABLE>


                 See Accompanying Notes to Financial Statements

                                       5
<PAGE>
ONYX CHINA INC
(A Development Stage Company)
Statements of Cash Flows
(Unaudited)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                              Three            From Inception on
                                                           Months Ended        March 27, 2007 to
                                                             March 31,             March 31,
                                                               2008                  2008
                                                             --------              --------
<S>                                                          <C>                   <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net (loss)                                                 $(11,745)             $(13,678)
                                                             --------              --------

          Net cash used for operating activities              (11,745)              (13,678)
                                                             --------              --------

CASH FLOWS FROM FINANCING ACTIVITIES
  Sale of common stock                                         32,600
                                                             --------              --------

          Net cash provided by financing activities            32,600
                                                             --------              --------

Net increase (decrease) in cash and equivalents               (11,745)               18,922

Cash and equivalents at beginning of the period                30,667                    --
                                                             --------              --------

Cash and equivalents at end of the period                    $ 18,922              $ 18,922
                                                             ========              ========

SUPPLEMENTAL CASH FLOW INFORMATION:

Cash paid for:
  Interest                                                   $     --              $     --
                                                             ========              ========
  Taxes                                                      $     --              $     --
                                                             ========              ========
</TABLE>


                 See Accompanying Notes to Financial Statements

                                       6
<PAGE>
ONYX CHINA INC
(A Development Stage Company)
Notes To The Financial Statements
March 31, 2008
(Unaudited)
--------------------------------------------------------------------------------

1. ORGANIZATION AND BUSINESS OPERATIONS

ONYX CHINA INC ("the Company") was incorporated under the laws of the State of
Nevada, U.S. on March 27, 2007. The Company is in the development stage as
defined under Statement on Financial Accounting Standards No. 7, Development
Stage Enterprises ("SFAS No.7") and its efforts are primarily devoted marketing
and distributing chinaware to North American market. The Company has not
generated any revenue to date and consequently its operations are subject to all
risks inherent in the establishment of a new business enterprise. For the period
from inception, March 27, 2007 through March 31, 2008 the Company has
accumulated losses of $13,678.

INTERIM FINANCIAL STATEMENTS

The unaudited financial statements as of March 31, 2008 and for the three months
ended March 31, 2008 have been prepared in accordance with accounting principles
generally accepted in the United States for interim financial information and
with instructions to Form 10-QSB. In the opinion of management, the unaudited
financial statements have been prepared on the same basis as the annual
financial statements and reflect all adjustments, which include only normal
recurring adjustments, necessary to present fairly the financial position as of
March 31, 2008 and the results of operations and cash flows for the three months
ended March 31, 2008. Certain information and footnote disclosures normally
included in financial statements prepared in accordance with accounting
principles generally accepted in the United States have been condensed or
omitted pursuant to the Securities and Exchange Commission's rules and
regulations. These unaudited financial statements should be read in conjunction
with our audited financial statements and notes thereto for the period March 27,
2007 (inception) December 31, 2007 as included in our registration statement on
Form SB-2 filed on February 1, 2008.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a) BASIS OF PRESENTATION
The financial statements of the Company have been prepared in accordance with
generally accepted accounting principles in the United States of America and are
presented in US dollars.

b) GOING CONCERN
The financial statements have been prepared on a going concern basis which
assumes the Company will be able to realize its assets and discharge its
liabilities in the normal course of business for the foreseeable future. The
Company has incurred losses since inception resulting in an accumulated deficit
of $13,678 as of March 31, 2008 and further losses are anticipated in the
development of its business raising substantial doubt about the Company's
ability to continue as a going concern. The ability to continue as a going
concern is dependent upon the Company generating profitable operations in the
future and/or to obtain the necessary financing to meet its obligations and
repay its liabilities arising from normal business operations when they come
due. Management intends to finance operating costs over the next twelve months
with existing cash on hand and loans from directors and or private placement of
common stock.

c) CASH AND CASH EQUIVALENTS
The Company considers all highly liquid instruments with a maturity of three
months or less at the time of issuance to be cash equivalents.

d) USE OF ESTIMATES AND ASSUMPTIONS
The preparation of financial statements in conformity with accounting principles
generally accepted in the United States requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the
reporting period. Actual results could differ from those estimates.

                                       7
<PAGE>
ONYX CHINA INC
(A Development Stage Company)
Notes To The Financial Statements
March 31, 2008
(Unaudited)
--------------------------------------------------------------------------------

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

e) FOREIGN CURRENCY TRANSLATION
The Company's functional currency and its reporting currency is the United
States dollar.

f) FINANCIAL INSTRUMENTS
The carrying value of the Company's financial instruments approximates their
fair value because of the short maturity of these instruments.

g) STOCK-BASED COMPENSATION
Stock-based compensation is accounted for at fair value in accordance with SFAS
No. 123 and 123 (R). To date, the Company has not adopted a stock option plan
and has not granted any stock options.

h) INCOME TAXES
Income taxes are accounted for under the assets and liability method. Deferred
tax assets and liabilities are recognized for the estimated future tax
consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax
bases and operating loss and tax credit carry forwards. Deferred tax assets and
liabilities are measured using enacted tax rates in effect for the year in which
those temporary differences are expected to be recovered or settled.

i) BASIC AND DILUTED NET LOSS PER SHARE
The Company computes net loss per share in accordance with SFAS No.
128,"Earnings per Share". SFAS No. 128 requires presentation of both basic and
diluted earnings per share (EPS) on the face of the income statement. Basic EPS
is computed by dividing net loss available to common shareholders (numerator) by
the weighted average number of shares outstanding (denominator) during the
period. Diluted EPS gives effect to all potentially dilutive common shares
outstanding during the period. Diluted EPS excludes all potentially dilutive
shares if their effect is anti-dilutive.

j) FISCAL PERIODS
The Company's fiscal year end is December 31.

k) RECENT ACCOUNTING PRONOUNCEMENTS
In February 2006, the FASB issued SFAS No. 155, "Accounting for Certain Hybrid
Financial Instruments-an amendment of FASB Statements No. 133 and 140", to
simplify and make more consistent the accounting for certain financial
instruments. SFAS No. 155 amends SFAS No. 133, "Accounting for Derivative
Instruments and Hedging Activities", to permit fair value re-measurement for any
hybrid financial instrument with an embedded derivative that otherwise would
require bifurcation, provided that the whole instrument is accounted for on a
fair value basis. SFAS No. 155 amends SFAS No. 140, "Accounting for the
Impairment or Disposal of Long-Lived Assets", to allow a qualifying
special-purpose entity to hold a derivative financial instrument that pertains
to a beneficial interest other than another derivative financial instrument.
SFAS No. 155 applies to all financial instruments acquired or issued after the
beginning of an entity's first fiscal year that begins after September 15, 2006,
with earlier application allowed. This standard is not expected to have a
significant effect on the Company's future reported financial position or
results of operations.

In March 2006, the FASB issued SFAS No. 156, "Accounting for Servicing of
Financial Assets, an amendment of FASB Statement No. 140, Accounting for
Transfers and Servicing of Financial Assets and Extinguishments of Liabilities".
This statement requires all separately recognized servicing assets and servicing
liabilities be initially measured at fair value, if practicable, and permits for
subsequent measurement using either fair value measurement with changes in fair
value reflected in earnings or the amortization and impairment requirements of
Statement No. 140. The subsequent measurement of separately recognized servicing
assets and servicing liabilities at fair value eliminates the necessity for
entities that manage the risks inherent in servicing assets and servicing
liabilities with derivatives to qualify for hedge accounting treatment and
eliminates the characterization of declines in fair value as impairments or
direct write-downs. SFAS No. 156 is effective for an entity's first fiscal year
beginning after September 15, 2006.

                                       8
<PAGE>
ONYX CHINA INC
(A Development Stage Company)
Notes To The Financial Statements
March 31, 2008
(Unaudited)
--------------------------------------------------------------------------------

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

This adoption of this statement is not expected to have a significant effect on
the Company's future reported financial position or results of operations.

On July 13, 2006, the FASB issued FASB Interpretation No. 48, "Accounting for
Uncertainty in Income Taxes-an Interpretation of FASB Statement No. 109" ("FIN
No. 48"). FIN No. 48 clarifies what criteria must be met prior to recognition of
the financial statement benefit of a position taken in a tax return. FIN No. 48
will require companies to include additional qualitative and quantitative
disclosures within their financial statements. The disclosures will include
potential tax benefits from positions taken for tax return purposes that have
not been recognized for financial reporting purposes and a tabular presentation
of significant changes during each period. The disclosures will also include a
discussion of the nature of uncertainties, factors which could cause a change,
and an estimated range of reasonably possible changes in tax uncertainties. FIN
No. 48 will also require a company to recognize a financial statement benefit
for a position taken for tax return purposes when it will be
more-likely-than-not that the position will be sustained. FIN No. 48 will be
effective for fiscal years beginning after December 15, 2006.

On September 15, 2006, the FASB issued SFAS No. 157, "Fair Value Measurements"
("SFAS No. 157"). SFAS No. 157 addresses how companies should measure fair value
when they are required to use a fair value measure for recognition and
disclosure purposes under generally accepted accounting principles. SFAS No. 157
will require the fair value of an asset or liability to be based on a market
based measure which will reflect the credit risk of the company. SFAS No. 157
will also require expanded disclosure requirements which will include the
methods and assumptions used to measure fair value and the effect of fair value
measures on earnings. SFAS No. 157 will be applied prospectively and will be
effective for fiscal years beginning after November 15, 2007 and to interim
periods within those fiscal years.

In September 2006, the Financial Accounting Standards Board issued FASB
Statement No. 158, "Employers' Accounting for Defined Benefit Pension and Other
Postretirement Plans" ("SFAS 158"). SFAS 158 requires the Company to record the
funded status of its defined benefit pension and other postretirement plans in
its financial statements. The Company is required to record an asset in its
financial statements if a plan is over funded or record a liability in its
financial statements if a plan is under funded with a corresponding offset to
shareholders' equity. Previously unrecognized assets and liabilities are
recorded as a component of shareholders' equity in accumulated other
comprehensive income, net of applicable income taxes. SFAS 158 also requires the
Company to measure the value of its assets and liabilities as of the end of its
fiscal year ending after December 15, 2008. The Company has implemented SFAS 158
using the required prospective method. The recognition provisions of SFAS 158
are effective for the fiscal year ending after December 15, 2006. The Company
does not expect its adoption of this new standard to have a material impact on
its financial position, results of operations or cash flows.

In December 2006, the FASB issued FSP EITF 00-19-2, Accounting for Registration
Payment Arrangements ("FSP 00-19-2") which addresses accounting for registration
payment arrangements. FSP 00-19-2 specifies that the contingent obligation to
make future payments or otherwise transfer consideration under a registration
payment arrangement, whether issued as a separate agreement or included as a
provision of a financial instrument or other agreement, should be separately
recognized and measured in accordance with FASB Statement No. 5, Accounting for
Contingencies. FSP 00-19-2 further clarifies that a financial instrument subject
to a registration payment arrangement should be accounted for in accordance with
other applicable generally accepted accounting principles without regard to the
contingent obligation to transfer consideration pursuant to the registration
payment arrangement. For registration payment arrangements and financial
instruments subject to those arrangements that were entered into prior to the
issuance of EITF 00-19-2, this guidance is effective for financial statements
issued for fiscal years beginning after December 15, 2006 and interim periods
within those fiscal years. The Company has not yet determined the impact that
the adoption of FSP 00-19-2 will have on its financial statements.

In February 2007, the FASB issued SFAS No. 159, "The Fair Value Option for
Financial Assets and Financial Liabilities." SFAS 159 permits entities to choose
to measure many financial instruments, and certain other items, at fair value.
SFAS 159 applies to reporting periods beginning after November 15, 2007. The
adoption of SFAS 159 is not expected to have a material impact on the Company's
financial condition or results of operations.

                                       9
<PAGE>
ONYX CHINA INC
(A Development Stage Company)
Notes To The Financial Statements
March 31, 2008
(Unaudited)
--------------------------------------------------------------------------------

3. COMMON STOCK

The authorized capital of the Company is 75,000,000 common shares with a par
value of $ 0.001 per share. In April 2007, the Company issued 3,000,000 shares
of common stock at a price of $0.002 per share for total cash proceeds of
$6,000.

In May 2007, the Company issued 800,000 shares of common stock at a price of
$0.002 per share for total cash proceeds of $1,600.

In May 2007, the Company also issued 1,250,000 shares of common stock at a price
of $0.02 per share for total cash proceeds of $25,000.

During the period March 27, 2007 (inception) to December 31, 2007, the Company
sold a total of 5,050,000 shares of common stock for total cash proceeds of
$32,600.

4. INCOME TAXES

As of March 31, 2007, the Company had net operating loss carry forwards of
approximately $13,678 that may be available to reduce future years' taxable
income through 2028. Future tax benefits which may arise as a result of these
losses have not been recognized in these financial statements, as their
realization is determined not likely to occur and accordingly, the Company has
recorded a valuation allowance for the deferred tax asset relating to these tax
loss carry-forwards.

5. CONTRACT

On November 15, 2007 the Company made a contract with PC "Dulevo Porcelain"
(Contract # 174) to purchase chinaware products directly from manufacturer and
market and distribute the products in North America.

6.  REGISTRATION STATEMENT

On February 1, 2008, the Company filed a registration statement on Form SB-2
with the Securities and Exchange Commission (the "SEC") . On February 27, 2008,
the registration statement was declared effective by the SEC.

                                       10
<PAGE>
                           FORWARD LOOKING STATEMENTS

Statements made in this Form 10-Q that are not historical or current facts are
"forward-looking statements" made pursuant to the safe harbor provisions of
Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the
Securities Exchange Act of 1934. These statements often can be identified by the
use of terms such as "may," "will," "expect," "believe," "anticipate,"
"estimate," "approximate" or "continue," or the negative thereof. We intend that
such forward-looking statements be subject to the safe harbors for such
statements. We wish to caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made. Any
forward-looking statements represent management's best judgment as to what may
occur in the future. However, forward-looking statements are subject to risks,
uncertainties and important factors beyond our control that could cause actual
results and events to differ materially from historical results of operations
and events and those presently anticipated or projected. We disclaim any
obligation subsequently to revise any forward-looking statements to reflect
events or circumstances after the date of such statement or to reflect the
occurrence of anticipated or unanticipated events.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATION

GENERAL

Onyx China, Inc. is a corporation organized under the laws of the State of
Nevada. After the effective date of our registration statement filed with the
Securities and Exchange Commission (February 27, 2008), we will file a 15c2-11
with the Financial Industry Regulatory Authority ("FINRA") to commence trading
on the Over-the-Counter Bulletin Board.

Please note that throughout this Quarterly Report, and unless otherwise noted,
the words "we," "our," "us," the "Company," or "Morgan Creek," refers to Morgan
Creek Energy Corp.

CURRENT BUSINESS OPERATIONS

As of the date of this Quarterly Report, we have not started operations. We
intend to market and distribute in the North American market a comprehensive
assortment of Russian porcelain produced by Dulevsky Farfor Company. We are in
the process of developing a website that will offer the Russian porcelain to
distributors who will be responsible for marketing and selling the Russian
porcelain to chinaware and giftware stores and retail outlets. Our website will
also offer our product directly to retail stores and to the general public. The
operations we have engaged in to date are the creation of our website, the
development of a business plan and the execution of an agreement with our
supplier.

Our sole supplier, PC Dulevo Porcelain ("Dulevo") is a manufacturer and
distributor of certain high-quality porcelain in Russia and other countries. On
November 17, 2007 we entered into a distribution agreement with Dulevo (the
"Distribution Agreement"). In accordance with the terms and provisions of the
Distribution Agreement, Dulevo has agreed to manufacture and supply many types

                                       11
<PAGE>
of porcelain products to us according to its current prices. The Distribution
Agreement was authenticated by the East-Siberian Chamber of Commerce and
Industry on December 27, 2007.

RESULTS OF OPERATION

Our financial statements have been prepared assuming that we will continue as a
going concern and, accordingly, do not include adjustments relating to the
recoverability and realization of assets and classification of liabilities that
might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long term operating
requirements. We expect to raise additional capital through, among other things,
the sale of equity or debt securities.

THREE MONTH PERIOD ENDED MARCH 31, 2008 COMPARED TO INCEPTION (MARCH 27, 2007)
TO THREE MONTH PERIOD ENDED MARCH 31, 2008

Our net loss for the three-month period ended March 31, 2008 was approximately
($11,745) compared to a net loss of ($13,678) during the period from inception
(March 27, 2007) to March 31, 2008. During the three-month period ended March
31, 2008, we did not generate any revenue.

During the three-month period ended March 31, 2008, we incurred general and
administrative expenses of approximately $11,745 compared to $13,678 incurred
during the period from inception (March 27, 2007) to March 31, 2008. General and
administrative expenses incurred during the three-month period ended March 31,
2008 were generally related to corporate overhead, financial and administrative
contracted services, such as legal and accounting associated with preparation of
our registration statement, developmental costs, and marketing expenses.

Our net loss during the three-month period ended March 31, 2008 was ($11,745) or
($0.00) per share compared to a net loss of ($13,678) or ($0.00) per share
during the period from inception (March 27, 2007) to March 31, 2008. The
weighted average number of shares outstanding was 5,050,000 for the three--month
period ended March 31, 2008.

LIQUIDITY AND CAPITAL RESOURCES

THREE-MONTH PERIOD ENDED MARCH 31, 2008

As at the three-month period ended March 31, 2008, our current assets were
$18,922 and our current liabilities were $-0-, which resulted in a working
capital surplus of $18,922. As at the three-month period ended March 31, 2008,
current assets were comprised of $18,922 in cash compared to $30,667 in current
assets at fiscal year ended December 31, 2007.

Stockholders' equity decreased from $30,667 for fiscal year ended December 31,
2007 to $18,922 for the three-month period ended March 31, 2008.

                                       12
<PAGE>
CASH FLOWS FROM OPERATING ACTIVITIES

We have not generated positive cash flows from operating activities. For the
three-month period ended March 31, 2008, net cash flows used in operating
activities was ($11,745) consisting primarily of a net loss of ($11,745). Net
cash flows used in operating activities was ($13,678) for the period from
inception (March 27, 2007) to March 31, 2008.

CASH FLOWS FROM FINANCING ACTIVITIES

We have financed our operations primarily from either advancements or the
issuance of equity and debt instruments. For the three-month period ended March
31, 2008, we did not generate net cash from financing activities. For the period
from inception (March 27, 2007) to March 31, 2008, net cash provided by
financing activities was $32,600 received from sale of common stock.

We expect that working capital requirements will continue to be funded through a
combination of our existing funds and further issuances of securities. Our
working capital requirements are expected to increase in line with the growth of
our business.

PLAN OF OPERATION AND FUNDING

Existing working capital, further advances and debt instruments, and anticipated
cash flow are expected to be adequate to fund our operations over the next six
months. We have no lines of credit or other bank financing arrangements.
Generally, we have financed operations to date through the proceeds of the
private placement of equity and debt instruments. In connection with our
business plan, management anticipates additional increases in operating expenses
and capital expenditures relating to: (i) acquisition of inventory; (ii)
developmental expenses associated with a start-up business; and (iii) marketing
expenses. We intend to finance these expenses with further issuances of
securities, and debt issuances. Thereafter, we expect we will need to raise
additional capital and generate revenues to meet long-term operating
requirements. Additional issuances of equity or convertible debt securities will
result in dilution to our current shareholders. Further, such securities might
have rights, preferences or privileges senior to our common stock. Additional
financing may not be available upon acceptable terms, or at all. If adequate
funds are not available or are not available on acceptable terms, we may not be
able to take advantage of prospective new business endeavors or opportunities,
which could significantly and materially restrict our business operations.

On February 1, 2008, we filed a registration statement on Form SB-2 with the
Securities and Exchange Commission pursuant to the Securities Act of 1933, as
amended (the "1933 Securities Act"), relating to the public offering of
2,050,000 shares of our common stock by certain selling shareholders (the
"Selling Shareholders") named in the Registration Statement. The Selling
Shareholders will sell our shares of common stock at $0.02 per share until our
shares are quoted on the OTC Bulletin Board and thereafter at prevailing market
prices or privately negotiated prices. We will not receive any proceeds from the
sale of these shares of common stock.

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MATERIAL COMMITMENTS

As of the date of this Quarterly Report, we do not have any material
commitments.

PURCHASE OF SIGNIFICANT EQUIPMENT

We do not intend to purchase any significant equipment during the next twelve
months.

OFF-BALANCE SHEET ARRANGEMENTS

As of the date of this Quarterly Report, we do not have any off-balance sheet
arrangements that have or are reasonably likely to have a current or future
effect on our financial condition, changes in financial condition, revenues or
expenses, results of operations, liquidity, capital expenditures or capital
resources that are material to investors.

GOING CONCERN

The independent auditors' report accompanying our December 31, 2007 financial
statements contained an explanatory paragraph expressing substantial doubt about
our ability to continue as a going concern. The financial statements have been
prepared "assuming that we will continue as a going concern," which contemplates
that we will realize our assets and satisfy our liabilities and commitments in
the ordinary course of business.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

Market risk represents the risk of loss that may impact our financial position,
results of operations or cash flows due to adverse change in foreign currency
and interest rates.

EXCHANGE RATE

Our reporting currency is United States Dollars ("USD"). The Russian Ruble has
been informally pegged to the USD. However, Russia is under international
pressure to adopt a more flexible exchange rate system. If the RMB were no
longer pegged to the USD, rate fluctuations may have a material impact on our
financial reporting and make realistic revenue projections difficult. Recently
the Russian Ruble has risen 12%. This may or may not have any appreciable effect
on our future operations

The fluctuation of exchange rates of the Ruble may have positive or negative
impacts on our results of operations. However, since all sales revenue and
expenses of our company will primarily denominated in U.S. Dollar, the net
income effect of appreciation and devaluation of the currency against the US
Dollar will be limited to our costs of acquisition of inventory.

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<PAGE>
INTEREST RATE

Interest rates in Russia are not generally controlled. Any future loans will
relate mainly to trade payables and will be mainly short-term. However our debt
may be likely to rise in connection with expansion and if interest rates were to
rise at the same time, this could become a significant impact on our operating
and financing activities. We have not entered into derivative contracts either
to hedge existing risks of for speculative purposes.

ITEM 4. CONTROLS AND PROCEDURES

Our management is responsible for establishing and maintaining a system of
disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e)
under the Exchange Act) that is designed to ensure that information required to
be disclosed by us in the reports that we file or submit under the Exchange Act
is recorded, processed, summarized and reported, within the time periods
specified in the Commission's rules and forms. Disclosure controls and
procedures include, without limitation, controls and procedures designed to
ensure that information required to be disclosed by an issuer in the reports
that it files or submits under the Exchange Act is accumulated and communicated
to the issuer's management, including its principal executive officer or
officers and principal financial officer or officers, or persons performing
similar functions, as appropriate to allow timely decisions regarding required
disclosure.

An evaluation was conducted under the supervision and with the participation of
our management of the effectiveness of the design and operation of our
disclosure controls and procedures as of March 31, 2008. Based on that
evaluation, our management concluded that our disclosure controls and procedures
were effective as of such date to ensure that information required to be
disclosed in the reports that we file or submit under the Exchange Act, is
recorded, processed, summarized and reported within the time periods specified
in SEC rules and forms. Such officer also confirmed that there was no change in
our internal control over financial reporting during the three-month period
ended March 31, 2008 that has materially affected, or is reasonably likely to
materially affect, our internal control over financial reporting.

                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Management is not aware of any legal proceedings contemplated by any
governmental authority or any other party involving us or our properties. As of
the date of this Quarterly Report, no director, officer or affiliate is (i) a
party adverse to us in any legal proceeding, or (ii) has an adverse interest to
us in any legal proceedings. Management is not aware of any other legal
proceedings pending or that have been threatened against us or our properties.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

No report required.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

No report required.

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ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

No report required.

ITEM 5. OTHER INFORMATION

No report required.

ITEM 6. EXHIBITS

Exhibits:

  31.1    Certification of Chief Executive Officer pursuant to Securities
          Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).

  31.2    Certification of Chief Financial Officer pursuant to Securities
          Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).

  32.1    Certifications pursuant to Securities Exchange Act of 1934 Rule
          13a-14(b) or 15d- 14(b) and 18 U.S.C. Section 1350, as adopted
          pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

                                   SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                    ONYX CHINA, INC.


Dated: May 5, 2008                  By: /s/ Dmitry Lyakutin
                                        ----------------------------------------
                                        Dmitry Lyakutin, President and Chief
                                        Executive Officer


Dated: May 5, 2008                  By: /s/ Dmitry Lyakutin
                                        ----------------------------------------
                                        Dmitry Lyakutin, Chief Financial Officer

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