China has acknowledged shortage of test kits, so they are essentially saying there are many more actual cases than confirmed cases.
I hear what you are saying, but I also read (no citation so take it for what it's worth) that most of the test kits are going to Hubei and that the shortage of kits is primarily in other areas where the existing medical infrastructure is not yet overwhelmed. Thus, it is possible that they are somewhat close to having this contained in Wuhan.
Or, everyone is going to die. It's probably 50/50 at this point.
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