And they also supposedly only have 93k confirmed COVID cases. Not sure I believe this.
While I share your skepticism, there doesn't seem to be much room for cover-up here (though I'm sure the initial outbreak was significantly under-counted). My understanding is that restrictions are pretty minimal apart from strict control of travelers. So either there is basically no community spread or it's likely to be rampant - and then the hospitals would be overflowing like they are in the US, which is much much…
It could very well be that China chose to sweep it under the rug and has many more people dying than reported. But the number could still be perfectly average, which is not that much. And perhaps below since most of SE Asia seems to be doing very well regardless of policy. China could have 50 times the per capita death rate and would still be below average.
Certain wards are overflowing, hospitals as a whole aren't. Many if not most didn't have that much excess mortality. Not hard to cover up at all by simply not admitting people and/or providing sub-optimal care (in which case you'd have much more effective capacity).