import React from 'react'
import ContentEditable from 'react-contenteditable'

class MyComponent extends React.Component {
  constructor() {
    super()
    this.contentEditable = React.createRef();
    this.state = {html: "<b>Hello <i>World</i></b>"};
  };

  handleChange = evt => {
    this.setState({html: evt.target.value});
  };

  render = () => {
    return <ContentEditable
              innerRef={this.contentEditable}
              html={this.state.html} // innerHTML of the editable div
              disabled={false}       // use true to disable editing
              onChange={this.handleChange} // handle innerHTML change
              tagName='article' // Use a custom HTML tag (uses a div by default)
            />
  };
};

const text = useRef('');

const handleChange = evt => {
    text.current = evt.target.value;
};

const handleBlur = () => {
    console.log(text.current);
};

return <ContentEditable html={text.current} onBlur={handleBlur} onChange={handleChange} />