Point 4. The larger question is, At what point does the rate of infection align with the medical capacity? The shutdown in the US is being done to "flatten the curve" to bring demand in line with capacity, but the expectation remains that there will be significant ongoing infection. I have heard that a Harvard study says that 20-60% of the population needs to go through the infection before the transmission rate drops to the level of other similar diseases. If this is so, all the shutdown in China has done (and all it will do here) is flatten the curve, not eliminate the disease. Accordingly, what we see in Hong Kong and Taiwan is not an aberration, but a natural outcome. There is no reason to think that China will be exempt from this or that the only future cases there will be imported. This situation I think puts Xi and the CCP at some risk having declared a rather premature victory.