Medical staff rushed to the Manchester United winger’s aid after he was clattered by Domagoj Vida in the first half of Sunday’s 1-1 draw in Cardiff.
James finished the match and later insisted he had not been knocked out, with tests showing no signs of concussion.
“He stayed down and was a bit streetwise,” Wales boss Giggs said in his post-match news conference.
“He told the doctors, ‘I’m not moving, I’m just sitting still.’ Not to get anyone sent off but he was just using his nous.
“Like I said, at half-time he did all of the concussion tests and he was fine.”
Speaking after the match to Sky Sports, James added: “There were a few tackles flying in, but you always expect it in these games.
“I’m fine. I think he just caught me in the head, but I didn’t get knocked out fortunately.”
Gareth Bale’s strike in first-half stoppage time earned Wales a point following Nikola Vlasic’s ninth-minute opener.
The result left Giggs’ men fourth in Group E and likely needing six points from their final two qualifiers to have any hope of reaching Euro 2020.
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