a) The stats coming from Hubei are adverse selected; they are from patients who already had severe enough illness to go to the hospital
b) A vast amount of mild cases are not diagnosed or tested, this is for reasons related to self reporting and minimal screening efforts globally
c) The virus spreads rapidly (R0 of 4 in some estimates) and has had 3 months to sweep through Wuhan ; there appears to be a lot of death in Wuhan but that may be because most of the 11 million population was exposed
Maybe I'm confirming a bias, but I believe its true profile is something like a more rapidly moving seasonal flu