Estimates, I found them on Germany's top Robert Koch Institute website [1], suggest that Wuhan underreported cases by a factor between 4.5x and 11.1x (3 separate studies with different factors).
[1] https://www.rki.de/DE/Content/InfAZ/N/Neuartiges_Coronavirus...
Even if it was actually the case that nearly everyone in Italy had it in which case the casualty rates would be much lower than current estimates, the proportion of cases needing ventilators is sufficiently high to overload Italy's healthcare system (so the risk is similar, we're just looking at different risk factors i.e. the disease being less deadly but much more efficient at spreading than current estimates). Knowing that would make it easier to shift from containment to building more ventilators as a strategy, I guess
The WHO explicitly and repeatedly asserted exactly that.
The opposite of "completely asymptomatic" is not requires hospital.
For me the title should be 25% of cases require treatment in hospital and we are not able to put 25% of population into hospitals, so, very likely 3%-8% will have to die (3% - WHO estimate, 8% - real numbers we have for now).