A federal appeals court Thursday said a Florida law restricting people from China from owning property in the state likely is trumped by federal law and blocked its enforcement against two plaintiffs who have been in the midst of real-estate transactions. A three-judge panel of the 11th U.S. Circuit Court of Appeals declined to issue a broader injunction, in part pointing to oral arguments that will be held in the case in April. But the panel said the plaintiffs “have shown a substantial likelihood of success on their claim” that the Florida law is “preempted” by a federal law known as the For…