TS 3.9.3 breaks HOC around generic class-based components that worked with TS 3.8.3

[KasparEtter]

TypeScript Version: 3.9.3

Search Terms:

• ComponentType
• React generic component
• Higher-order component (HOC)
• Assignment of intersections
• TS2322, "is not assignable to type"

Code

import { Component, ComponentType, createElement } from 'react';

class CustomLibraryComponent<P> extends Component<P> {
    public render(): JSX.Element {
        return <p>Hello world!</p>;
    }
}

interface CustomProperties {
    text: string;
}

const assignment: ComponentType<CustomProperties> = CustomLibraryComponent; // ERROR

tsconfig.json

{
    "compilerOptions": {
        "jsx": "react",
        "jsxFactory": "createElement",
        "moduleResolution": "node",
        "target": "ESNext",
    },
}

package.json

{
    "private": true,
    "scripts": {
        "compile": "tsc --project tsconfig.json"
    },
    "devDependencies": {
        "@types/react": "16.9.35",
        "typescript": "3.9.3"
    }
}

Additional explanations

The error can be reproduced by executing npm run compile. The example is silly, of course, but it's the most compact way to demonstrate the problem. I want to be able to decorate a class-based component with a generic type parameter. (I want to use my custom library component in different places with different type instantiations, thus removing <P> from CustomLibraryComponent solves the problem described here but my actual use case requires the generic parameter, so please ignore that P is not actually used in the example above.) And I'm not interested in the assignment per se but the following, more realistic code fails due to the same reason:

function decorator(WrappedComponent: ComponentType<CustomProperties>) {
    return class HOC extends Component {
        public render(): JSX.Element {
            return <WrappedComponent text="Example" />;
        }
    };
}
const result = decorator(CustomLibraryComponent);

In my actual use case, the decorator itself is also generic but this just adds unnecessary detail and complexity here.

Expected behavior: Either TS 3.9.3 should still not complain or give me a way to fix the issue.

Actual behavior: Compiling the above code results in

error TS2322: Type 'typeof CustomLibraryComponent' is not assignable to type 'ComponentType<CustomProperties>'.
  Type 'typeof CustomLibraryComponent' is not assignable to type 'ComponentClass<CustomProperties, any>'.
    Construct signature return types 'CustomLibraryComponent<any>' and 'Component<CustomProperties, any, any>' are incompatible.
      The types of 'props' are incompatible between these types.
        Type 'Readonly<any> & Readonly<{ children?: ReactNode; }>' is not assignable to type 'Readonly<CustomProperties> & Readonly<{ children?: ReactNode; }>'.
          Property 'text' is missing in type 'Readonly<any> & Readonly<{ children?: ReactNode; }>' but required in type 'Readonly<CustomProperties>'.

const assignment: ComponentType<CustomProperties> = CustomLibraryComponent;

It's not clear to me whether this is really a problem with TypeScript, actually. The reason why I decided to report this issue here (rather than at DefinitelyTyped or simply asking on StackOverflow) is because it isn't obvious to me why TypeScript complains about Type 'Readonly<any> & Readonly<{ children?: ReactNode; }>' is not assignable to type 'Readonly<CustomProperties> & Readonly<{ children?: ReactNode; }>'. Additionally, it's clearly TypeScript that introduced the error. Using "typescript": "3.8.3", the above code works fine.

An alternative to permitting this assignment again would be to somehow tell TypeScript the type to use instead of any but I have no idea how. The following alternatives all fail with different errors:

const assignment: ComponentType<CustomProperties> = CustomLibraryComponent<CustomProperties>;
const assignment: ComponentType<CustomProperties> = CustomLibraryComponent as CustomLibraryComponent<CustomProperties>;
const assignment: ComponentType<CustomProperties> = CustomLibraryComponent as unknown as CustomLibraryComponent<CustomProperties>;

If the error could be fixed by improving the typing of React, please let me know (ideally with a suggestion how to fix it there).

Playground Link

Related Issues: I assume the error has been introduced with the pull request #37195. The only other regression I found in this regard is #38542.

Workaround: Interestingly, generic functional components still work. The above code compiles with TypeScript 3.9.3 when the CustomLibraryComponent is declared as follows:

function CustomLibraryComponent<P>(props: Readonly<P>): JSX.Element {
    return <p>Hello world!</p>;
}

[weswigham]

Minimal non-JSX repro:

interface CustomProperties {
    text: string;
}

declare var x: Readonly<any> & Readonly<{ children?: {} }>;
declare var y: Readonly<CustomProperties> & Readonly<{ children?: {} }>;

y = x;

likely unintended fallout of our stricter intersection member checking - namely I know that Readonly<any> actually becomes {readonly [index: string]: any}, which behaves very differently than any.