babel-preset-react-app: Upgrade @babel/preset-react to 7.9.4 to restore `pragmaFrag` default

[karlhorky]

Describe the bug

With the current version of babel-preset-react-app, @babel/preset-react is pinned to 7.9.1, which causes errors like this one from Emotion:

emotion-js/emotion#1820

transform-react-jsx: pragma has been set but pragmaFrag has not been set

This has been fixed in @babel/preset-react@7.9.4:

babel/babel#11324 (comment)

Did you try recovering your dependencies?

Yes

Which terms did you search for in User Guide?

• pragmaFrag
• babel
• preset
• react

Found #8709, which is inexplicably closed.

Environment

Environment Info:

  current version of create-react-app: 3.4.1
  running from /Users/k/.npm/_npx/28361/lib/node_modules/create-react-app

  System:
    OS: macOS 10.15.4
    CPU: (4) x64 Intel(R) Core(TM) i7-6567U CPU @ 3.30GHz
  Binaries:
    Node: 13.12.0 - /usr/local/bin/node
    Yarn: 1.22.4 - /usr/local/bin/yarn
    npm: 6.14.4 - /usr/local/bin/npm
  Browsers:
    Chrome: 81.0.4044.138
    Firefox: 75.0
    Safari: 13.1
  npmPackages:
    react: ^16.13.1 => 16.13.1
    react-dom: ^16.13.1 => 16.13.1
    react-scripts: 3.4.1 => 3.4.1
  npmGlobalPackages:
    create-react-app: 1.3.3

Steps to reproduce

1. Install Emotion and use as described on the homepage
2. See the error with pragmaFrag

Expected behavior

No error with pragmaFrag

Actual behavior

Error with pragmaFrag

Reproducible demo

https://github.com/upleveled/react-components-props-state-may-2020

Remove this line:
https://github.com/upleveled/react-components-props-state-may-2020/blob/6a0710a88489481ad84dbda4e382ad6ab0e61a07/src/Counter.js#L2

[ianschmitz]

We've already updated to 7.9.4 on master. It will be in our 4.0 release.

[karlhorky]

@ianschmitz thanks, I guess this was in #8947, sorry for the issue noise!

Would it be possible to backport just this fix to a 3.x branch, for those who can't bump to the next semver major?