A senior Chinese financial official said on Monday that cooperation between China and LatinAmerica and the Caribbean has witnessed positive achievements and the two sides are seeking new ways of financial cooperation.China would further strengthen its ties with the Inter-American Development Bank (IDB), Liu Shiyu, deputy governor of the People’sBank of China, said at the 53rd annual meeting of the bank’s board of governors in the Uruguayan capital city of Montevideo.The IDB, founded in 1959, is the largest source of development financing for Latin America and the Caribbean.Investigation Department Andrew Powell said during a press conference.