Yeah, it’s clearly nothing. What’s the big deal?
https://www.worldometers.info/coronavirus/coronavirus-death-...
What would you consider a high mortality rate? 2% lethality in healthy patients is significant and it is "so far". We don't know the true rate yet.
SARS was 10% (https://en.wikipedia.org/wiki/Severe_acute_respiratory_syndr...)
MERS is 35% (https://www.cdc.gov/coronavirus/mers/clinical-features.html)
The bird flu is 60% (https://en.wikipedia.org/wiki/Avian_influenza), though there's few cases and estimates of what it would actually be are lower, but still >15% (https://jech.bmj.com/content/62/6/555)
Not to mention limits of testing and reporting at this point. Regardless, we're not at a point where your method of comparison is meaningful yet.
If we want to err the other way, you could look at deaths over deaths+ recoveries:
638/(638+1341)=32.2%
That, combined with the growth/spread rate and the fact that otherwise healthy 30-somethings are dying, means a potentially nasty outbreak. And that's based on taking the Chinese government at their word.
We are also not sure how many people are dying as a result of complications caused by this illness. The current reported death rate is based on people killed as a direct result of the illness.
Do you have numbers or a source for that?