2% kill rate presently for Coronavirus which is same as 1918 Flu Pandemic

So, for every 100 people that get the Coronavirus 2 will die if present virus trajectory continues. In comparison a regular flu death rate  is much much lower. So, even a 2% kill rate is very high and likely this will be considered to be a pandemic now (at least in China). Because this is the same rate as the 1918 Flu pandemic that killed between 50 and 100 million people worldwide.