The current rate of death is around 2.7%....
If you got that number by dividing total deaths by infected as reported by the Chinese your finding is premature. Both populations are increasing at unknown rates and we don’t really know if the Chinese reporting is accurate.
They need to select a fixed sample population of patients and track the number of recoveries in order to get more reliable fatality rates.
Putting the Flu in perspective:
https://www.moonofalabama.org/2020/01/the-coronavirus-no-need-to-panic.html
Very good comments as well!