The People's Republic of China has been heavily involved in the Congo since the 1970s, when they financed the construction of the Palais du Peuple and backed the government against rebels in the Shaba war. In 2007–2008 China and Congo signed an agreement for an $8.5 billion loan for infrastructure development. Chinese entrepreneurs are gaining an increasing share of local marketplaces in Kinshasa, displacing in the process formerly successful Congolese, West African, Indian, and Lebanese merchants.