Longer term follow-up found ~25% of infections were asymptomatic.
In the US, we're now doing significant amounts of testing, but we're still primarily testing only those with severe symptoms. Even limiting our sample to people presenting with severe matching symptoms of COVID-19, we're finding ~20% PCR-positive for SARS-CoV-2.
Beyond that, we also have good evidence that the Basic Reproduction Number is somewhere between 2-3. Given a seeding of cases in mid-to-late January, even without social distancing measures, it would be unlikely to have 10% of the population infected yet.